debt
confidence high
sentiment neutral
materiality 0.55
Clean Harbors launches $500M senior notes offering to refinance 2024 term loans
CLEAN HARBORS INC
- $500M of unsecured senior notes due 2031 in private offering.
- Proceeds plus $114M revolver draw and cash to repay $614M of 2024 term loans.
- Notes offered to QIBs under Rule 144A and offshore under Regulation S.
- Refinancing extends maturity and replaces secured debt with unsecured notes.