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Waste Pro Closes $46.5M Sale of Solid Waste Disposal Revenue Bonds

June 7, 2019

Via: Waste360

Waste Pro USA, Inc., a regional privately held provider of non-hazardous waste collection, transfer, recycling and disposal services, announced that it has completed the sale of the $46,515,000 Florida Development Finance Corporation (FDFC) Solid Waste Disposal Revenue Bonds, Series 2019.

The bonds, which bear a 5 percent coupon for 10 years, were priced at 107.492, with aggregate proceeds of $50 million, to yield 3.875 percent. The bonds will mature on May 1, 2029, and are guaranteed by certain subsidiaries of Waste Pro, pursuant to the terms of the indenture relating to the bonds.

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