Date: April 6, 2005
Source: News Room
Safety-Kleen Systems has completed a major refinancing deal to recapitalize its debt structure and save the company approximately $17 million in interest annually. Proceeds of the new $350 million credit facility were used to pay off the company's preexisting $295 million credit facility. Deutsche Bank Securities Inc. and Credit Suisse First Boston served as joint lead arrangers on the refinancing.
More information: www.safety-kleen.com.
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