---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-050958"
form_type: "8-K"
ticker: "RSG"
cik: "0001060391"
company_name: "REPUBLIC SERVICES, INC."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:12:04.311926+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Republic Services amends credit agreements; adds Canadian borrower, $500M sublimit, SOFR switch

## Summary
- Added USE Canada Holdings as borrower under credit agreement with a $500M Canadian Sublimit.
- Interest rate benchmark changed from LIBOR to SOFR for USD loans; CDOR for CAD loans.
- Sustainability rate adjustment targets and mechanics updated in the credit agreement.
- Term loan credit agreement amended for conforming changes to align with the credit agreement.

## SEC filing metadata
- accession: 0001193125-23-050958
- form_type: 8-K
- ticker: RSG
- cik: 0001060391
- company_name: REPUBLIC SERVICES, INC.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060391/000119312523050958/0001193125-23-050958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060391/000119312523050958/d399062d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-050958
- JSON: https://secwatch.observer/filing/0001193125-23-050958.json
- Plain text: https://secwatch.observer/filing/0001193125-23-050958.txt

## Key facts
- Material Agreements
  REPUBLIC SERVICES, INC. amended Amendment No. 1 to Term Loan Credit Agreement with Bank of America, N.A. valued at Amendment No. 1 to Term Loan Credit Agreement, dated as of April 29, 2022, making certain conforming (effective 2023-02-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: Amendment No. 1 to Term Loan Credit Agreement, dated as of April 29, 2022, making certain conforming
  - Effective: 2023-02-23
  source text: On February 23, 2023, the Company entered into Amendment No. 1 (the “Term Loan Credit Agreement Amendment”) to the Term Loan Credit Agreement, dated as of April 29, 2022, with Bank of America, N.A., as Administrative Agent, and the other lenders party thereto to make certain conforming changes to the Term Loan Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060391/000119312523050958/0001193125-23-050958-index.htm
- Material Agreements
  REPUBLIC SERVICES, INC. amended Amendment No. 1 to Amended and Restated Credit Agreement with Bank of America, N.A. valued at Amendment No. 1 to Amended and Restated Credit Agreement, adding Canadian Borrower and $500 million (effective 2023-02-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: Amendment No. 1 to Amended and Restated Credit Agreement, adding Canadian Borrower and $500 million
  - Effective: 2023-02-23
  source text: On February 23, 2023, Republic Services, Inc. (the “Company”) and its subsidiary USE Canada Holdings, Inc. (the “Canadian Borrower”) entered into Amendment No. 1 (the “Credit Agreement Amendment”) to the Amended and Restated Credit Agreement, dated as of August 17, 2021 (the “Credit Agreement”), with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer and the other lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060391/000119312523050958/0001193125-23-050958-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.