$RSG·8-K

REPUBLIC SERVICES, INC. · Jun 23, 5:58 PM ET

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REPUBLIC SERVICES, INC. 8-K

Research Summary

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Republic Services, Inc. Announces $1.2B Note Offering

What Happened
Republic Services, Inc. announced on June 22, 2026 that it agreed to sell $700 million of 4.750% senior notes due 2031 and $500 million of 5.000% senior notes due 2036 (totaling $1.2 billion). The offering is pursuant to an underwriting agreement led by BofA Securities and Wells Fargo Securities and is expected to close on or about June 26, 2026. The notes will be issued under the company’s existing indenture (Nov. 25, 2009) as supplemented by a seventeenth supplemental indenture.

Key Details

  • Total principal: $1.2 billion ( $700M due 2031 at 4.750%; $500M due 2036 at 5.000% ).
  • Agreement dated June 22, 2026; expected closing on or about June 26, 2026, subject to customary conditions.
  • Underwriters: BofA Securities, Inc. and Wells Fargo Securities, LLC (representatives).
  • Offering registered on Form S-3 (Registration No. 333-286741); company filed related underwriting agreement, supplemental indenture and note forms with the 8-K.

Why It Matters
This filing notifies investors that Republic Services is accessing the debt markets with a $1.2B note offering at fixed rates, which will increase the company’s outstanding long-term debt and future interest obligations. The specific uses of proceeds are not detailed in the 8-K; however, such offerings typically affect capital structure, interest expense and maturity profile—factors investors monitor for credit risk and cash-flow planning.

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