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Published on 11/10/2020 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch rates Republic Services notes BBB

Fitch Ratings said it assigned ratings of BBB to Republic Services, Inc.’s proposed issuance of two series of senior unsecured notes due 2025 and 2032.

Proceeds will be used to redeem $850 million of notes due 2022 and a portion of the $550 million of notes due 2023.

Fitch rates Republic’s long-term issuer default rating, senior unsecured bank debt and senior unsecured notes BBB.

The outlook is stable.


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