WCA Waste launches $299 million term B repricing at Libor plus 275 bps

By Sara Rosenberg

New York, Jan. 26 – WCA Waste Corp. launched on Thursday a repricing of its $299 million term loan B with price talk of Libor plus 275 basis points with no Libor floor and a par issue price, according to a market source.

The repriced loan has 101 soft call protection for six months, the source said.

SunTrust Robinson Humphrey Inc. is the lead on the deal.

The repricing will take the term loan down from Libor plus 300 bps with a 1% Libor floor.

Commitments are due on Tuesday, the source added.

WCA is a Houston-based vertically integrated non-hazardous solid waste management company.

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