Clean Harbors (CLH) said Thursday that it is launching a private offering of $845 million in senior notes, expected to mature in 2033.
The company said it plans to use proceeds from the notes, along with $1.16 billion in borrowings under a new secured term loan facility and existing cash, to refinance its debt.
Clean Harbors said the refinancing includes repaying $1.46 billion in outstanding secured senior term loans, redeeming $545 million of 4.875% senior notes due 2027, and covering related fees and expenses.
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