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Republic Services Prices $600 Million Of Senior Notes

November 19, 2009 (FinancialWire) — Republic Services, Inc. (NYSE: RSG) has priced a private offering of $600 million of 5.25% senior notes due November 15, 2021.

The company plans to use the net proceeds of the offering to finance our call of its 7.875% senior notes due 2013, of which $450 million is outstanding, and a portion of its call of its 4.250% Senior Subordinated convertible debentures due 2034, of which $230 million is outstanding. The offering is subject to market and other conditions and is scheduled to close on November 25, 2009.

The notes will be Republic’s general senior unsecured obligations and will mature on November 15, 2021 with interest payable semi-annually on May 15 and November 15, beginning May 15, 2010.

The notes will be guaranteed by each of Republic’s subsidiaries that also guarantee its revolving credit facility. These guarantees will be general senior unsecured obligations of the subsidiary guarantors.

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