Clean Seas Seafood

Clean Harbors reported Q1 2026 EPS of $1.19 versus $1.16 expected; revenue was $1.46 billion, just under forecasts of $1.47 billion. Adjusted EBITDA rose 6% and revenue growth was 2% year over year. The stock fell about 7% despite the earnings surprise; the company continues to emphasize investments in PFAS solutions and the expansion of field services and remains optimistic about further growth. » Więcej na de.investing.com

Clean Harbors priced a private placement of $745 million senior notes due 2033 carrying a 5.75% coupon. The issuance size was cut from an initial $845 million; closing is expected around Oct. 9, 2025. The company intends to use proceeds, together with a new secured credit facility totaling about $1.26 billion and existing cash, to refinance outstanding debt, including repayment of secured first‑lien loans (~$1.46 billion) and redemption of 2027 senior notes ($545 million). The notes are being offered to qualified institutional buyers under Rule 144A and to non‑U.S. purchasers under Regulation S; the refinancing is subject to market conditions. » Więcej na de.investing.com