UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): May 9, 2011 (May 9, 2011)
Republic Services, Inc.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction of incorporation)
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1-14267
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65-0716904 |
(Commission File Number)
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(IRS Employer Identification No.) |
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18500 North Allied Way |
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Phoenix, Arizona
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85054 |
(Address of principal executive offices)
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(Zip Code) |
(480) 627-2700
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
Item 8.01. OTHER EVENTS.
On May 9, 2011, Republic Services, Inc. (Republic) completed an underwritten public offering
of $700,000,000 aggregate principal amount of 3.800% notes due May 15, 2018 (the 2018 Notes),
$550,000,000 aggregate principal amount of 4.750% notes due May 15, 2023 (the 2023 Notes) and
$600,000,000 aggregate principal amount of 5.700% notes due May 15, 2041 (the 2041 Notes and,
together with the 2018 Notes and the 2023 Notes, the Notes). The Notes were issued pursuant
to an Indenture, dated as of September 8, 2009, between Republic and The Bank of New York Mellon
Trust Company, N.A., as trustee, as supplemented by the Second Supplemental Indenture, the Third
Supplemental Indenture and the Fourth Supplemental Indenture, each dated as of May 9, 2011. The
Notes are unsubordinated and unsecured obligations of Republic and are guaranteed (the
Guarantees) by those subsidiaries of Republic that are parties to the supplemental indentures
as previously described. The net proceeds of the offering will be used to finance the call of
Republics 7.125% Senior Notes due 2016 on May 16, 2011, to purchase a portion of the
outstanding debentures of its subsidiary, Browning-Ferris Industries, LLC, due in 2021 and 2035
on May 9, 2011 pursuant to the previously announced tender offer, to reduce balances outstanding
under its revolving credit facility and for general corporate purposes.
In connection with the issuance and sale of the Notes, Republic entered into an Underwriting
Agreement, dated as of May 2, 2011, with Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Barclays Capital Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as representatives of
the several underwriters named therein, which is filed as Exhibit 1.1 hereto.
The Notes have been registered under the Securities Act of 1933 (the Act) pursuant to a
Registration Statement on Form S-3 (No. 333-166469) (the Registration Statement) previously
filed with the Securities and Exchange Commission by Republic under the Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Republic hereby files the following exhibits to, and incorporates such exhibits by reference
in, the Registration Statement which was filed on May 3, 2010 and supplemented by the
Prospectus Supplement dated May 2, 2011 which was filed on May 3, 2011:
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Exhibit No. |
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Description |
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1.1
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Underwriting Agreement, dated as of May 2, 2011, among Republic Services,
Inc., the guarantors named therein and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital
Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as representatives
of the several underwriters named therein |
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4.1
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Second Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 3.800% Notes due 2018. |
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4.2
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Third Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 4.750% Notes due 2023. |
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4.3
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Fourth Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 5.700% Notes due 2041. |
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5.1
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Opinion of Mayer Brown LLP, as to the validity of the Notes and the Guarantees |
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23.1
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Consent of Mayer Brown LLP (contained in Exhibit 5.1 hereto) |