NORWELL, Mass.--(BUSINESS WIRE)--Mar. 14, 2016--
Clean Harbors, Inc. (“Clean Harbors”) (NYSE:CLH), today announced that
it is planning to commence an add-on offering of $200 million aggregate
principal amount of 5.125% Senior Notes due 2021 (“the Notes”). The
Notes will be issued under the indenture pursuant to which Clean Harbors
previously issued $600 million aggregate principal amount of 5.125%
Senior Notes due 2021, $595 million aggregate principal amount of which
remain outstanding. Clean Harbors intends to use the net proceeds from
the offering of the Notes for potential future acquisitions and general
The Notes will be offered in the United States to qualified
institutional buyers pursuant to Rule 144A under the Securities Act of
1933, as amended (the “Securities Act”), and outside the United States
pursuant to Regulation S under the Securities Act. This press release
shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of, the Notes in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. The Notes will not be registered under the Securities Act
and may not be offered or sold in the United States absent registration
or an applicable exemption from registration requirements.
About Clean Harbors
Clean Harbors (NYSE: CLH) is North America’s leading provider of
environmental, energy and industrial services. Clean Harbors serves a
diverse customer base, including a majority of the Fortune 500, across
the chemical, energy, manufacturing and additional markets, as well as
numerous government agencies. These customers rely on Clean Harbors to
deliver a broad range of services such as end-to-end hazardous waste
management, emergency spill response, industrial cleaning and
maintenance, and recycling services. Through its Safety-Kleen
subsidiary, Clean Harbors also is North America’s largest re-refiner and
recycler of used oil and a leading provider of parts washers and
environmental services to commercial, industrial and automotive
customers. Founded in 1980 and based in Massachusetts, Clean Harbors
operates throughout the United States, Canada, Mexico and Puerto Rico.
The information made available in this news release contains
forward-looking statements, which are generally statements about future
events, plans, objectives and performance. Generally, the words
“believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,”
“will” and similar expressions identify forward-looking statements.
Forward-looking statements reflect Clean Harbors’ current expectations,
based on currently available information, and are not guarantees.
Although Clean Harbors believes that the expectations reflected in such
forward-looking statements are reasonable, these expectations could
prove inaccurate as such statements involve risks and uncertainties,
many of which are beyond Clean Harbors’ ability to control or predict.
Should one or more of these risks or uncertainties, or other risks or
uncertainties not currently known to Clean Harbors or that Clean Harbors
currently deems to be immaterial, materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from
those anticipated, estimated or projected.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160314005547/en/
Source: Clean Harbors, Inc.
Clean Harbors, Inc.
SVP Investor Relations
EVP Corporate Communications & Public Affairs