Republic Services Enters Material Definitive Agreement

Ticker: RSG · Form: 8-K · Filed: 2024-07-31T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, agreement

Related Tickers: RSG

TL;DR

Republic Services just signed a big new deal, likely involving debt. Keep an eye on their financials.

AI Summary

On July 26, 2024, Republic Services, Inc. entered into a Material Definitive Agreement, specifically a credit agreement, which creates a direct financial obligation for the company. This agreement is a significant event for the company's financial structure and reporting.

Why It Matters

This filing indicates a new financial commitment or obligation for Republic Services, which could impact its debt structure and financial flexibility.

Risk Assessment

Risk Level: medium — Entering into new financial agreements can introduce new risks related to debt covenants, interest rate fluctuations, or repayment obligations.

Key Players & Entities

FAQ

What type of Material Definitive Agreement did Republic Services, Inc. enter into?

The filing indicates Republic Services, Inc. entered into a credit agreement, which constitutes a Material Definitive Agreement and creates a direct financial obligation.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on July 26, 2024.

What is the principal executive office address for Republic Services, Inc.?

The principal executive offices are located at 18500 North Allied Way, Phoenix, Arizona, 85054.

Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the SIC code for Republic Services, Inc.?

The Standard Industrial Classification (SIC) code for Republic Services, Inc. is 4953, which corresponds to Refuse Systems.

From the Filing

0001104659-24-084366.txt : 20240731 0001104659-24-084366.hdr.sgml : 20240731 20240731162147 ACCESSION NUMBER: 0001104659-24-084366 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20240726 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC SERVICES, INC. CENTRAL INDEX KEY: 0001060391 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 650716904 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14267 FILM NUMBER: 241162303 BUSINESS ADDRESS: STREET 1: 18500 N. ALLIED WAY CITY: PHOENIX STATE: AZ ZIP: 85054 BUSINESS PHONE: 480 627 2700 MAIL ADDRESS: STREET 1: 18500 N. ALLIED WAY CITY: PHOENIX STATE: AZ ZIP: 85054 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC SERVICES INC DATE OF NAME CHANGE: 19980423 8-K 1 tm2420319d1_8k.htm FORM 8-K false 0001060391 0001060391 2024-07-26 2024-07-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): July 26, 2024     Republic Services, Inc. (Exact name of registrant as specified in its charter)     Delaware   1-14267   65-0716904 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)       18500 North Allied Way Phoenix , Arizona   85054 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: ( 480 ) 627-2700   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:   ¨ Written communications pursuant to Rule 425 Under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities Registered Pursuant to Section 12(b) of the Act:   Title of Each Class   Trading Symbol   Name of exchange on which registered Common Stock, par value $0.01 per share   RSG   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             TABLE OF CONTENTS   Item 1.01 Entry into a Material Definitive Agreement.     3   Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.     4   Item 9.01 Financial Statements and Exhibit

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