Clean Harbors announced today that it has priced a private offering of $745 million of senior notes due 2033, following an earlier announcement of a $845 million offering. The notes carry a 5.750% interest rate and will mature in 2033.
The pricing announcement also confirmed an increase in the company’s new secured term loan credit facility. The facility was expanded by $100 million, bringing the total borrowing capacity to $1,160 million, providing additional liquidity for capital expenditures and working‑capital needs.
The senior notes issuance is part of Clean Harbors’ ongoing strategy to maintain a strong balance sheet and fund future growth initiatives, including expansion of its incineration and Safety‑Kleen operations. The proceeds will support the company’s planned capital projects and help sustain its free cash flow generation.
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