secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC SERVICES, INC. (RSG)
CIK:        0001060391
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001193125-22-140494
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Republic Services closes $1B term loan to fund US Ecology acquisition
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- Unsecured term loan with aggregate lenders' commitments of $1 billion, fully funded on April 29, 2022, maturing April 29, 2025.
- Interest at base rate or forward-looking SOFR plus applicable margin based on debt ratings.
- Sustainability-linked KPIs may adjust interest rate if adopted with lender approval.
- Covenants include maximum debt-to-EBITDA ratio; permits dividends and share repurchases while in compliance.
- Loan supports previously announced acquisition of US Ecology, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060391/000119312522140494/0001193125-22-140494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060391/000119312522140494/d215685d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-140494

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