Covanta Closes Its Senior Note Offering
1 Min Read
Covanta Holding Corp. has closed its previously announced underwritten public offering of $400 million aggregate principal amount of 5.875 percent senior notes due in 2024.
The Morristown, N.J.-based waste-to-energy firm said in a news release that it intends to use the net proceeds of the note offering for general corporate purposes, including the repayment at maturity of its 3.25 percent cash convertible notes.
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