Waste Services to repay revolver borrowings with notes proceeds

By Sara Rosenberg

New York, Sept. 16 - Waste Services Inc. plans to repay borrowings under its revolving credit facility using proceeds from a $50 million 9½% senior subordinated notes offering, according to a news release.

Remaining proceeds will be used for general corporate purposes, including potential acquisitions.

Waste Services is a Burlington, Ont.-based solid waste services company.

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