Issuer:
|
Republic Services, Inc. | |
Guarantors:
|
Substantially all of the Issuers direct and indirect subsidiaries. | |
Ratings:
|
Baa3 / BBB / BBB (Moodys / S&P / Fitch) | |
Settlement Date:
|
May 9, 2011 (T+5) | |
Joint Book-Running Managers:
|
Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
Barclays Capital Inc. | ||
J.P. Morgan Securities LLC | ||
RBS Securities Inc. | ||
BNP Paribas Securities Corp. | ||
Mizuho Securities USA Inc. | ||
Scotia Capital (USA) Inc. | ||
SunTrust Robinson Humphrey, Inc. | ||
UBS Securities LLC | ||
U.S. Bancorp Investments, Inc. | ||
Senior Co-Managers:
|
Banca IMI S.p.A. | |
Credit Suisse Securities (USA) LLC | ||
UniCredit Capital Markets LLC | ||
Co-Managers:
|
BB&T Capital Markets, a division of Scott & Stringfellow, LLC | |
BNY Mellon Capital Markets, LLC | ||
Comerica Securities, Inc. | ||
PNC Capital Markets LLC | ||
3.800% Notes due 2018 |
||
Principal Amount:
|
$700,000,000 | |
Maturity:
|
May 15, 2018 | |
Coupon (Interest Rate):
|
3.800% |
Yield to Maturity:
|
3.805% | |
Benchmark Treasury:
|
UST 2.625% due April 30, 2018 | |
Spread to Benchmark Treasury:
|
T + 115 basis points | |
Benchmark Treasury Price and Yield:
|
99-26 and 2.655% | |
Interest Payment Dates:
|
May 15 and November 15, beginning November 15, 2011 | |
Redemption Provision:
|
Make-Whole Call at T + 20 basis points | |
Price to Public:
|
99.969% | |
Underwriting Discount:
|
0.625% | |
CUSIP / ISIN:
|
760759 AL4 / US760759AL49 | |
4.750% Notes due 2023 |
||
Principal Amount:
|
$550,000,000 | |
Maturity:
|
May 15, 2023 | |
Coupon (Interest Rate):
|
4.750% | |
Interest Payment Dates:
|
May 15 and November 15, beginning November 15, 2011 | |
Yield to Maturity:
|
4.779% | |
Benchmark Treasury:
|
UST 3.625% due February 25, 2021 | |
Spread to Benchmark Treasury:
|
T + 150 basis points | |
Benchmark Treasury Price and Yield:
|
102-28 and 3.279% | |
Redemption Provision:
|
Make-Whole Call at T + 25 basis points; redeemable at par three months prior to maturity | |
Price to Public:
|
99.736% | |
Underwriting Discount:
|
0.675% | |
CUSIP / ISIN:
|
760759 AM2 / US760759AM22 |
5.700% Notes due 2041 |
||
Principal Amount:
|
$600,000,000 | |
Maturity:
|
May 15, 2041 | |
Coupon (Interest Rate):
|
5.700% | |
Interest Payment Dates:
|
May 15 and November 15, beginning November 15, 2011 | |
Yield to Maturity:
|
5.740% | |
Benchmark Treasury:
|
UST 4.25% due November 15, 2040 | |
Spread to Benchmark Treasury:
|
T + 135 basis points | |
Benchmark Treasury Price and Yield:
|
97-22 and 4.390% | |
Redemption Provision:
|
Make-Whole Call at T + 25 basis points; redeemable at par six months prior to maturity | |
Price to Public:
|
99.429% | |
Underwriting Discount:
|
0.875% | |
CUSIP / ISIN:
|
760759 AN0 / US760759AN05 |
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