debt
confidence high
sentiment positive
materiality 0.40
Clean Harbors amends credit agreement to lower Term SOFR margin by eliminating SOFR adjustment
CLEAN HARBORS INC
- Entered Amendment No. 6 on Oct 8, 2024; eliminates SOFR Adjustment of 0.11448%-0.42826% per annum.
- New applicable margins: 1.75% for Term SOFR borrowings, 0.75% for base rate borrowings.
- Resets six-month soft call period for repricing of 2021 Incremental Term Loans.
- Paid customary fees and expenses to Goldman Sachs Lending Partners as lead arranger.