secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2023-12-28T23:59:59+00:00
Accession:  0000822818-23-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Harbors reduces interest rate margin on term loans by 25 bps via Fourth Amendment
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- Entered Fourth Amendment to Credit Agreement on Dec 27, 2023, reducing margin on 2021 Incremental Term Loans by 25 bps.
- New applicable margins: Term SOFR borrowings at 1.75%, base rate borrowings at 0.75%.
- Also resets six-month soft call period for repricing of the term loans.
- Paid customary fees and expenses to Goldman Sachs as administrative agent and lead arranger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281823000053/0000822818-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281823000053/clh-20231227.htm
  HTML page:      https://secwatch.observer/filing/0000822818-23-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer