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Clean Harbors Prices Upsized $600 Mln Notes Offering; Shares Slightly Lower Late
By: MT Newswires
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.