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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.