Allied Waste to sell $250 million notes

New York, Sept. 17 - Allied Waste Industries, Inc. said it will sell $250 million of senior notes due 2012 in a Rule 144A offering this week.

The Scottsdale Ariz. waste services company said it will use proceeds to pay down parts of its term loans A, B and C.

The new notes will be issued through the company's Allied Waste North America, Inc. subsidiary.

No further details were immediately available on the note offering.

Allied Waste also said it expects to repay $200 million of debt in the third quarter ending Sept. 30 using operating cash flow and balance sheet cash. At the end of the quarter it anticipates having $9.05 billion of debt.

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