Date: December 19, 2007
Source: Thomson Financial
Moody's investor Service upgraded Republic Services Inc.'s senior unsecured debt saying it had a stable future and consistent pace of revenue growth, solid profit margins and conservative balance sheet. Moody's also praised Republic for having a diversified revenue stream, and owning valuable, permitted disposal assets for which there are increasingly fewer substitutes. The rating also speaks to Moody's general confidence in the waste industry.
Moody's investor Service: www.moodys.com.
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