PARK CITY — American Skiing Co. said Friday it has completed its real estate debt restructuring.

The company's real estate development subsidiary, American Skiing Co. Resort Properties Inc., finished the restructuring of its $73 million real estate term facility led by Fleet National Bank and eliminated about $58.5 million in real estate debt from the consolidated balance sheet of American Skiing Co.

The company operates The Canyons in Park City, as well as Killington and Mount Snow in Vermont; Sunday River and Sugarloaf/USA in Maine; Attitash Bear Peak in New Hampshire; and Steamboat in Colorado.

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