e8vk
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 1, 2010 (March 1, 2010)
Republic Services, Inc.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction of incorporation)
     
1-14267   65-0716904
(Commission File Number)   (IRS Employer Identification No.)
     
18500 North Allied Way    
Phoenix, Arizona   85054
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code (480) 627-2700
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
 
 

 


 

ITEM 8.01. OTHER EVENTS.
On March 1, 2010, Republic Services, Inc. announced that it has notified the registered holders of its 7.25% Senior Notes due 2015 (the “Notes”) that it will redeem all of the Notes outstanding on March 31, 2010, which announcement is contained in a press release, a copy of which is filed under Item 9.01 as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d)     Exhibit
     
Exhibit No.   Description
 
   
99.1
  Press release issued March 1, 2010 announcing redemption of bonds

 


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 1, 2010
         
  REPUBLIC SERVICES, INC.
 
 
  By:   /s/ Tod C. Holmes    
    Tod C. Holmes   
    Executive Vice President and Chief Financial Officer (Principal Financial Officer)   
 
     
  By:   /s/ Charles F. Serianni    
    Charles F. Serianni   
    Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)   
 

 

exv99w1
     Exhibit 99.1
NEWS
Republic Contacts:
Media Inquiries: Will Flower (480) 718-6565
Investor Inquiries: Ed Lang (480) 627-7128
REPUBLIC SERVICES, INC. ANNOUNCES REDEMPTION OF
7.25% SENIOR NOTES DUE 2015
PHOENIX—March 1, 2010— Republic Services, Inc. (NYSE: RSG) announced today that it has notified the registered holders of its 7.25% Senior Notes due 2015 (the “Notes”) that it will redeem all of the Notes outstanding on March 31, 2010 (the “Redemption Date”). The Notes will be redeemed at a price equal to 103.625% of the principal amount of the Notes, plus accrued and unpaid interest up to, but not including, the Redemption Date. Payment of the redemption price will be made by U.S. Bank National Association, the trustee under the indenture governing the Notes, on the Redemption Date upon presentation and surrender of the Notes as set forth in the redemption notice. The company intends to use incremental borrowings under its revolving credit facility and cash on hand to fund the redemption. The company expects to incur a charge upon extinguishment of the Notes of approximately $82 million, of which $22 million is the cash premium. This charge will be reflected in its first quarter 2010 financial results.
Republic Services, Inc. provides recycling and solid waste collection, transfer and disposal services in the United States and Puerto Rico. The Company’s various operating units, including collection companies, transfer stations recycling centers and landfills, are focused on providing reliable environmental services and solutions for commercial, industrial, municipal and residential customers. For more information, visit the Republic Services web site at www.republicservices.com.
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