Advanced Disposal may repay term loan B, revolver via refinancing

By Wendy Van Sickle

Columbus, Ohio, Oct. 20 – Advanced Disposal Services, Inc. is considering fully repaying its existing senior secured term loan B facility and revolving credit facility and refinancing its 8¼% senior notes due 2020 with proceeds of a $1.8 billion new senior secured credit facility and an offering of $425 million of senior unsecured notes, according to a press release.

The company said it has invited prospective lenders to a Friday meeting to discuss the potential refinancing.

The timing, size and terms of the potential refinancing are subject to market and other conditions.

Advanced Disposal is a Ponte Vedra, Fla.-based provider of integrated, non-hazardous solid waste collection, transfer, recycling and disposal services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.