S&P rates Republic Services notes BBB+

S&P said it assigned its BBB+ issue-level rating to Republic Services Inc.'s proposed benchmark-size senior unsecured notes due 2031.

Republic plans to use the proceeds to help repay its $600 million of 5.25% senior notes due 2021 and for other general corporate purposes.

“All of our existing ratings on the company remain unchanged,” S&P said in a press release.

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