UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 3, 2009
CLEAN HARBORS, INC.
(Exact name of registrant as specified in its charter)
Massachusetts |
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001-34223 |
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04-2997780 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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42 Longwater Drive, Norwell, |
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02061-9149 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code (781) 792-5000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01Other Events.
On August 3, 2009, the Company issued a press release attached hereto as Exhibit 99.1.
ITEM 9.01Financial Statements and Exhibits.
The following exhibit is furnished herewith:
(d) Exhibits.
Exhibit No. |
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Description |
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Exhibit 99.1 |
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Press Release issued by Clean Harbors, Inc. dated August 3, 2009. |
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Clean Harbors, Inc. |
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(Registrant) |
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August 3, 2009 |
/s/ James M. Rutledge |
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Executive Vice President and |
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Chief Financial Officer |
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Exhibit 99.1
Press Release
Clean Harbors Announces
$250 Million Senior Secured Notes Offering
Norwell, MA August 3, 2009 Clean Harbors, Inc. (NYSE: CLH), the leading provider of environmental and hazardous waste management services throughout North America, today announced that it is planning to offer $250 million of Senior Secured Notes due 2016 (the Notes). The Company intends to use the net proceeds from the offering of the Notes to repay certain indebtedness and for general corporate purposes.
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 is North Americas leading provider of environmental, energy and industrial services serving over 50,000 customers, including a majority of the Fortune 500 companies, thousands of smaller private entities and numerous federal, state and local governmental agencies.
Within Clean Harbors Environmental Services, the company offers Technical Services and Field Services. Technical Services provide a broad range of hazardous material management and disposal services including the collection, packaging, recycling, treatment and disposal of hazardous and non-hazardous waste. Field Services provide a wide variety of environmental cleanup services on customer sites or other locations on a scheduled or emergency response basis.
Within Clean Harbors Energy and Industrial Services, the company offers Industrial Services and Exploration Services. Industrial Services provide industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking, material processing and industrial lodging services to refineries, chemical plants, pulp and paper mills, and other industrial facilities. Exploration Services provide exploration and directional boring services to the energy sector serving oil and gas exploration, production, and power generation.
Headquartered in Norwell, Massachusetts, Clean Harbors has more than 175 locations, including over 50 waste management facilities, throughout North America in 37 U.S. states, seven Canadian provinces, Mexico and Puerto Rico. The Company also operates international locations in Bulgaria, China, Sweden, Singapore,
42 Longwater Drive · P.O. Box 9149 · Norwell, Massachusetts 02061-9149 · 781.792.5000 · www.cleanharbors.com
Thailand and the United Kingdom. For more information, visit www.cleanharbors.com.
Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. These forward-looking statements are generally identifiable by use of the words believes, expects, intends, anticipates, plans to, estimates, projects, or similar expressions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect managements opinions only as of the date hereof. The Company undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements other than through its various filings with the Securities and Exchange Commission.
A variety of factors may affect the Companys performance, including, but not limited to:
· The Companys ability to successfully integrate Evereadys operations and assets into the Companys existing operations and assets;
· The Companys ability to manage the significant environmental liabilities that it assumed in connection with prior acquisitions;
· The availability and costs of liability insurance and financial assurance required by governmental entities relating to the Companys facilities;
· General conditions in the oil and gas industries, particularly in the Alberta oil sands and other parts of Western Canada;
· The possibility that the expected synergies from the acquisition of Eveready will not be realized at the time they are projected to or at all;
· The extent to which the Companys and Evereadys major customers commit to and schedule major projects;
· The Companys future cash flow and earnings;
· The Companys ability to meet its debt obligations;
· The Companys ability to increase its and Evereadys market shares;
· The Companys ability to retain its and Evereadys significant customers;
· The effects of general economic conditions in the United States, Canada and other territories and countries where the Company does business;
· The effect of economic forces and competition in specific marketplaces where the Company competes;
· The possible impact of new regulations or laws pertaining to all activities of the Companys operations;
· The outcome of litigation or threatened litigation or regulatory actions;
· The effect of commodity pricing on overall revenues and profitability;
· Possible fluctuations in quarterly or annual results or adverse impacts on the Companys results caused by
the adoption of new accounting standards or interpretations or regulatory rules and regulations;
· The effect of weather conditions or other aspects of the forces of nature on field or facility operations;
· The effects of industry trends in the environmental services, waste handling and industrial services marketplaces; and
· The effects of conditions in the financial services industry on the availability of capital and financing.
Any of the above factors and numerous others not listed nor foreseen may adversely impact the Companys financial performance. Additional information on the potential factors that could affect the Companys actual results of operations is included in its filings with the Securities and Exchange Commission, which may be viewed on www.cleanharbors.com/investor_relations.
Contact:
James M. Rutledge |
Bill Geary |
Executive Vice President and Chief Financial Officer |
Corporate Counsel for Public Affairs |
Clean Harbors, Inc. |
Clean Harbors, Inc. |
781.792.5100 |
781.792.5130 |
InvestorRelations@cleanharbors.com |
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Jim Buckley
Executive Vice President
Sharon Merrill Associates, Inc.
617.542.5300
clh@investorrelations.com