VANCOUVER, BC, Dec. 21, 2023 /CNW/ - Premium Brands Holdings Corporation ("Premium Brands" or the "Company") (TSX: PBH) and FNC Holdings Limited Partnership, representing a coalition of Mi'kmaq First Nations (the "Mi'kmaq Coalition"), are pleased to announce the successful completion of a transaction pursuant to which the Mi'kmaq Coalition will hold an additional $100 million of subordinated indebtedness in Clearwater Seafoods Incorporated ("Clearwater") and a similar amount of existing subordinate debt will be repaid to Premium Brands.
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