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HOME :: RESEARCH :: CREDIT :: NEWS:: DEC 2006

Waste Services announces $100 financing


Waste Services, Inc. (Nasdaq: WSII - News) has announced its intention to increase the term loans under its existing Senior Secured Credit Facility by $100 million, as well as obtain lender consents for certain other modifications to the credit agreement. Net proceeds from the proposed term loans will be used to fund the previously announced acquisitions of Pro Disposal and the SLD Landfill in Florida, as well as to repay outstanding borrowings under the company's revolving credit facility.

Waste Services, Inc., a Delaware corporation, is a multi-regional integrated solid waste services company that provides collection, transfer, disposal and recycling services in the United States and Canada.

read entire article on SolidWaste Mag

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