BB&T Serves as Co-Manager for Republic Services’ $500,000,000 2.900% Notes due 2026
On June 20, 2016, BB&T Capital Markets served as a co-manager for a $500,000,000 offering of 2.900% notes due in 2026 by Republic Services, Inc. Proceeds from the offering are being used to fund tender offers for Republic’s 6.200% notes due 2040; 5.700% notes due 2041; 7.400% debentures due 2035; and its 6.086% notes due 2035.
About the Companies
Republic Services is the second largest provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States, as measured by revenue. As of March 31, 2016, Republic Services operated facilities in 39 states and Puerto Rico through 340 collection operations, 202 transfer stations, 193 active landfills, 66 recycling centers, 8 treatment, recovery and disposal facilities, and 11 salt water disposal wells. Republic Services also operated 69 landfill gas and renewable energy projects and has post-closure responsibility for 125 closed landfills.
Republic Services was incorporated as a Delaware corporation in 1996. Its principal offices are located in Phoenix, Arizona.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.