CLH Stock Discussion (Clean Harbors Inc)

Clean Harbors sets 6.25% coupon on $600 million bond offering

Clean Harbors ($CLH) priced $600 million of senior notes due in 2034 at par with a 6.25% annual coupon. Closing is expected on October 1, subject to customary conditions. The pricing announcement adds final financing terms to the bond offering previously introduced by the company. Planned uses include funding the EnviroServe acquisition and repaying revolving-credit borrowings used for the ES&H purchase. The offering is not conditional on those acquisitions being completed. Should proceeds not b

CLH

@tickerstat1 month ago

Clean Harbors launches $600 million bond offering to fund acquisitions

Clean Harbors ($CLH) launched a private offering of $600 million in senior notes expected to mature in 2034. It plans to use proceeds to finance the purchase of EnviroServe and repay revolving-credit borrowings associated with its previously announced ES&H acquisition. The new development is the financing launch, not the announcement of either acquisition. The offering is not conditional on completion of the acquisitions. Should either transaction fail to close, remaining proceeds would instead