Republic Services, Inc., founded in 1998 and headquartered in Phoenix, Arizona, is a leading provider of waste management and recycling services across the United States. The company focuses on sustainable waste solutions, offering collection, transfer, disposal, and recycling services to residential, commercial, and industrial customers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since the early 2000s, Republic Services has actively issued bonds to finance acquisitions and expand its operations. A notable issuance was in 2018 when the company raised $1.5 billion through two tranches of senior notes, aimed at refinancing existing debt and funding strategic initiatives. As of October 2023, the company's bonds yield approximately 4.0%, which compares favorably within the waste management sector, reflecting strong demand for their services amid increasing environmental regulations. Additionally, Republic Services' bonds have been rated investment grade, providing a layer of security attractive to conservative investors.