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Clean Harbors Announces $845 Million Senior Notes Offering
NORWELL, Mass., September 25, 2025--Clean Harbors, Inc. ("Clean Harbors" or the "Company") (NYSE: CLH), announced today that it is commencing a private offering of $845 million of senior notes (the "notes"). Clean Harbors expects the notes to mature in 2033.
About this update from Clean Harbors, Inc.
[{"type":"text","content":"NORWELL, Mass., September 25, 2025--(BUSINESS WIRE)--Clean Harbors, Inc. ("Clean Harbors" or the "Company") (NYSE: CLH), announced today that it is commencing a private offering of $845 million of senior notes (the "notes"). Clean Harbors expects the notes to mature in 2033.","length":305,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds from the offering of notes and $1,160.0 million in borrowings under a new secured term loan credit facility that the Company anticipates entering into concurrent with the closing of the offering of notes, together with cash on hand, to (i) repay all of the approximately $1,457.3 million aggregate principal amount of secured senior term loans that are outstanding under the Company’s existing term loan credit facility, and accrued and unpaid interest thereon (and terminate such credit facility in connection therewith), (ii) redeem all of the $545.0 million aggregate principal amount outstanding of the Company’s 4.875% senior notes due 2027 and (iii) pay related fees and expenses. The refinancing transactions are subject to market conditions and other factors, and there can be no assurance as to whether or when these transactions may be completed, or as to the actual size or terms of the transactions. The consummation of the offering of notes is not contingent on the Company’s entry into the new secured term loan credit facility.","length":1086,"tagName":"p"},{"type":"text","content":"The notes will be offered and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States pursuant to Regulation S under the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes, nor shall there be any sale of notes in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.","length":753,"tagName":"p"},{"type":"text","content":"About Clean HarborsClean Harbors (NYSE: CLH) is North Ame...