Waste Services To Offer Additional $50M of Senior Subordinated Notes

Burlington, Ontario, Canada-based Waste Services plans to offer an additional $50 million of senior debt. The 9.5 percent senior subordinated notes are due in 2014.

The terms of the notes will be the same as Waste Services’ existing $160 million in senior debt. Waste Services will the proceeds from the offering to repay debt under its revolving credit facility and for potential acquisitions.

TAGS: Financials