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Waste Industries Secures $750M Loan

Waste Industries USA has refinanced its existing senior credit facility with a new $750 loan.

Waste Industries USA has refinanced its existing senior credit facility with a new $750 loan. The loan includes a $325 million revolving facility due in 2016 and a $425 million term loan B set to mature in 2017.

The regional waste services company has used the proceeds from the offering to refinance existing borrowings and pay related fees and expenses. Bank of America, Wells Fargo and Macquarie were the lead arrangers of the loan.

Click here for the release from PR Newswire.

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