Clean Harbors Prices Upsized $600 Mln Notes Offering; Shares Slightly Lower Late

By Staff,

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Clean Harbors, Inc. ( CLH ) has priced a previously announced private placement of $600 million of Senior Notes due 2021. The size of the private placement was increased from the previously announced amount of $550 million.

The Notes, which carry an interest rate of 5.125%, were priced at 100.0% of the aggregate principal amount thereof.

The transaction is expected to close on or about December 7, 2012, subject to customary closing conditions.

CLH shares are down 0.2% to $57.79 in late trade, within a 52-week range of $46.94 - $71.63.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: CLH

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