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Clean Harbors to repay 2024 term loans with notes, revolver draw
By Sara Rosenberg
New York, Jan. 17 – Clean Harbors Inc. plans to repay its $614 million aggregate principal amount of senior secured term loans due in 2024 using proceeds from a $500 million senior notes offering, a $114 million draw on its revolving credit facility and cash on hand, according to a news release.
The notes, revolver draw and cash will also pay the fees and expenses associated with the offering of the notes and accrued interest in connection with the repayment of the term loans.
Clean Harbors is a Norwell, Mass.-based provider of environmental and industrial services.
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