BURLINGTON
, Ontario,
Sept. 21
/CNW/ -- Waste Services, Inc. (Nasdaq: WSII) today announced the successful completion of a private placement of
$50 million
of 9-1/2% Senior Subordinated Notes due 2014. The terms of these notes are identical to the terms of the
$160 million
of 9-1/2% Senior Subordinated Notes previously issued. Proceeds from the note issuance have been used to repay revolving credit facilities, resulting in approximately
$100 million
in available borrowing capacity to be used for acquisitions or general corporate purposes.
Waste Services, Inc., a Delaware corporation, is a multi-regional, integrated solid waste services company that provides collection, transfer, disposal and recycling services in the
United States
and
Canada
. The company's website is www.wasteservicesinc.com. Information on the company's website does not form part of this press release.
For further information: Edwin D. Johnson, Waste Services, Inc., Executive Vice President and Chief Financial Officer, +1-905-319-1237, or J. Todd Atenhan, Investor Relations, +1-888-917-5105 Web Site: http://www.wasteservicesinc.com
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