{"id":388070,"date":"2020-11-24T16:08:32","date_gmt":"2020-11-24T21:08:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388070"},"modified":"2020-11-24T16:08:32","modified_gmt":"2020-11-24T21:08:32","slug":"republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/","title":{"rendered":"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHOENIX<\/span>, <span class=\"xn-chron\">Nov. 24, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Republic Services, Inc. (&#8220;Republic&#8221;) (NYSE: RSG) today announced that it closed an offering of <span class=\"xn-money\">$350 million<\/span> 0.875% senior notes due <span class=\"xn-chron\">November 2025<\/span> and <span class=\"xn-money\">$750 million<\/span> 1.750% senior notes due <span class=\"xn-chron\">February 2032<\/span>. The net proceeds of the offering will be used to finance the redemption in full of its 3.550% senior notes due <span class=\"xn-chron\">June 2022<\/span> and partial redemption of its 4.750% senior notes due <span class=\"xn-chron\">May 2023<\/span>. The redemptions are expected to occur on <span class=\"xn-chron\">December 9, 2020<\/span>.<\/p>\n<p>&#8220;We further capitalized on market conditions to reduce interest costs and extend maturities,&#8221; said <span class=\"xn-person\">Brian DelGhiaccio<\/span>, executive vice president and chief financial officer. &#8220;These transactions will reduce cash interest by approximately <span class=\"xn-money\">$26 million<\/span> per year.&#8221;<\/p>\n<p>The notes are unsecured and unsubordinated obligations with interest payable for the 2025 notes due semi-annually on <span class=\"xn-chron\">May 15<\/span> and <span class=\"xn-chron\">November 15<\/span> beginning <span class=\"xn-chron\">May 15, 2021<\/span>, and interest payable for the 2032 notes due semi-annually on <span class=\"xn-chron\">February 15<\/span> and <span class=\"xn-chron\">August 15<\/span> beginning <span class=\"xn-chron\">February 15, 2021<\/span>.<\/p>\n<p>About Republic Services<br \/>Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste disposal. Through its subsidiaries, Republic&#8217;s collection companies, transfer stations, recycling centers, landfills and environmental services provide effective solutions to make responsible recycling and waste disposal effortless for its customers across the country. Its 36,000 employees are committed to providing a superior experience while fostering a sustainable Blue Planet<i><sup>\u00ae<\/sup><\/i> for future generations to enjoy a cleaner, safer and healthier world. For more information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2992507-1&amp;h=3307744917&amp;u=https%3A%2F%2Frepublicservices.com%2F&amp;a=RepublicServices.com\" rel=\"nofollow noopener noreferrer\">RepublicServices.com<\/a>, or follow us at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2992507-1&amp;h=2742467819&amp;u=https%3A%2F%2Fwww.facebook.com%2FRepublicServices&amp;a=Facebook.com%2FRepublicServices\" rel=\"nofollow noopener noreferrer\">Facebook.com\/RepublicServices<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2992507-1&amp;h=2109640936&amp;u=https%3A%2F%2Ftwitter.com%2FRepublicService&amp;a=%40RepublicService\" rel=\"nofollow noopener noreferrer\">@RepublicService<\/a> on Twitter and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2992507-1&amp;h=47390646&amp;u=https%3A%2F%2Fwww.instagram.com%2Frepublic_services%2F&amp;a=%40republic_services\" rel=\"nofollow noopener noreferrer\">@republic_services<\/a> on Instagram.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9780\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/616472\/Republic_Services_tagline_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/616472\/Republic_Services_tagline_Logo.jpg\" title=\"Republic Services logo (PRNewsfoto\/Republic Services)\" alt=\"Republic Services logo (PRNewsfoto\/Republic Services)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA02817&amp;sd=2020-11-24\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032--301180010.html\">http:\/\/www.prnewswire.com\/news-releases\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032&#8211;301180010.html<\/a><\/p>\n<p>SOURCE  Republic Services, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA02817&amp;Transmission_Id=202011241605PR_NEWS_USPR_____LA02817&amp;DateId=20201124\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHOENIX, Nov. 24, 2020 \/PRNewswire\/ &#8212;\u00a0Republic Services, Inc. (&#8220;Republic&#8221;) (NYSE: RSG) today announced that it closed an offering of $350 million 0.875% senior notes due November 2025 and $750 million 1.750% senior notes due February 2032. The net proceeds of the offering will be used to finance the redemption in full of its 3.550% senior notes due June 2022 and partial redemption of its 4.750% senior notes due May 2023. The redemptions are expected to occur on December 9, 2020. &#8220;We further capitalized on market conditions to reduce interest costs and extend maturities,&#8221; said Brian DelGhiaccio, executive vice president and chief financial officer. &#8220;These transactions will reduce cash interest by approximately $26 million per year.&#8221; The notes are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388070","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHOENIX, Nov. 24, 2020 \/PRNewswire\/ &#8212;\u00a0Republic Services, Inc. (&#8220;Republic&#8221;) (NYSE: RSG) today announced that it closed an offering of $350 million 0.875% senior notes due November 2025 and $750 million 1.750% senior notes due February 2032. The net proceeds of the offering will be used to finance the redemption in full of its 3.550% senior notes due June 2022 and partial redemption of its 4.750% senior notes due May 2023. The redemptions are expected to occur on December 9, 2020. &#8220;We further capitalized on market conditions to reduce interest costs and extend maturities,&#8221; said Brian DelGhiaccio, executive vice president and chief financial officer. &#8220;These transactions will reduce cash interest by approximately $26 million per year.&#8221; The notes are &hellip; Continue reading &quot;Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T21:08:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/616472\/Republic_Services_tagline_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032\",\"datePublished\":\"2020-11-24T21:08:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/\"},\"wordCount\":273,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/616472\\\/Republic_Services_tagline_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\\\/\",\"name\":\"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/","og_locale":"en_US","og_type":"article","og_title":"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032 - Market Newsdesk","og_description":"PR Newswire PHOENIX, Nov. 24, 2020 \/PRNewswire\/ &#8212;\u00a0Republic Services, Inc. (&#8220;Republic&#8221;) (NYSE: RSG) today announced that it closed an offering of $350 million 0.875% senior notes due November 2025 and $750 million 1.750% senior notes due February 2032. The net proceeds of the offering will be used to finance the redemption in full of its 3.550% senior notes due June 2022 and partial redemption of its 4.750% senior notes due May 2023. The redemptions are expected to occur on December 9, 2020. &#8220;We further capitalized on market conditions to reduce interest costs and extend maturities,&#8221; said Brian DelGhiaccio, executive vice president and chief financial officer. &#8220;These transactions will reduce cash interest by approximately $26 million per year.&#8221; The notes are &hellip; Continue reading \"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-24T21:08:32+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/616472\/Republic_Services_tagline_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032","datePublished":"2020-11-24T21:08:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/"},"wordCount":273,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/616472\/Republic_Services_tagline_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/republic-services-issues-350-million-of-0-875-senior-notes-due-2025-and-750-million-of-1-750-senior-notes-due-2032\/","name":"Republic Services Issues $350 Million of 0.875% Senior Notes Due 2025 and $750 Million of 1.750% Senior Notes Due 2032 - 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