BB&T Capital Markets Serves as Co-Manager for Republic Services, Inc.’s $650 Million 3.375% Offering of Senior Notes due 2027
On November 13, 2017, BB&T Capital Markets served as a co-manager for an offering of $650 million 3.375% senior notes due 2027 by Republic Services, Inc.
Proceeds from the offering are being used to repay amounts borrowed under credit facilities and general corporate purposes.
About the Companies
Republic Services, Inc. provides nonhazardous solid waste collection, transfer, and disposal services in the United States. The company primarily engages in residential collection operations that include curbside collection of refuse from small containers into collection vehicles for transport to transfer stations or landfills. The company’s commercial and industrial collection operations include the supply of waste containers of various sizes and rental of compactors to large waste generators, as well as the provision of waste collection services to industrial and construction facilities on contractual basis. In addition, the company provides recycling services to commercial and industrial customers, as well as being involved in the curbside collection of residential recyclable waste. Republic Services, Inc. was founded in 1996.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial services.
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.