Republic Services announced the expiration and final results of its previously announced cash tender offers to purchase up to $600 million combined aggregate principal amount of notes.
The company has accepted all $575.4 million combined aggregate principal amount of notes validly tendered and not withdrawn as of the expiration date.
The Total Consideration for each series of notes includes an early tender payment of $50 per $1,000 principal amount of notes validly tendered and not validly withdrawn by such holders at or prior to the early tender time and accepted for purchase.
Holders whose notes are purchased pursuant to the tender offers will also receive accrued and unpaid interest on their purchased notes from the last interest payment date for such.
Republic has retained Barclays Capital, BofA Merrill Lynch and J.P. Morgan to serve as the Dealer Managers for the tender offers.