Allied Refinances Term Loans

November 26, 2003

1 Min Read
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Rebekah A. Hall

Scottsdale, Ariz. – Allied Waste Industries Inc. has refinanced the term-loan portions of its senior secured credit facility and revised its financial covenants to provide more operating flexibility, the company states. The interest rate reduction on more than $1.6 billion in term loans will amount to an annual savings of approximately $8 million.

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