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Clean Harbors Lowers Term Loan Interest Rates
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Clean Harbors Lowers Term Loan Interest Rates
Oct 11, 2024 12:59 PM

03:32 PM EDT, 10/11/2024 (MT Newswires) -- Clean Harbors ( CLH ) said Friday that it amended the applicable interest rate margin of its 2021 incremental term loans under a credit agreement by removing the Secured Overnight Financing Rate Adjustment.

The amendment also resets the six month soft call period for a repricing of the term loans, according to the company.

The new rates for the loans are 1.75% for term SOFR borrowings and 0.75% for base rate borrowings.

Company shares were up over 1% in recent trading.

Price: 257.63, Change: +3.27, Percent Change: +1.29

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