Waste Services announced last week that it has amended its senior secured credit facility arranged by Lehman Brothers. The new amendment provides for an additional $100 million in term loans, as well as reduces the interest rate payable to Libor plus 275 bps, on all of the term loans.
Proceeds from the term loans were used to fund the recently completed acquisition of the SLD Construction and Demolition waste landfill in Charlotte County, Fla. and the Pro Disposal roll-off collection and transfer business. The newly acquired companies are expected to …
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