logo
Share SHARE
FONT-SIZE Plus   Neg

Heckmann Closes $250 Mln Senior Notes Offering

Heckmann Corp. (HEK) Tuesday said it closed the previously announced offering of $250 million in aggregate principal amount of 9.875 percent senior notes due 2018. The senior notes were issued at a price of 99.442 percent of their principal amount.

The proceeds will be used for funding the acquisition of TFI Holdings Inc. and Thermo Fluids Inc., while some portion will be used to repay debt.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Palo Alto Networks, Inc. (PANW) shares are down about 7%, but we think the stock is overreacting. We believe the tidings are not all that bad. Quarterly results and guidance are a mixed bag, in fact. Watch the slide show for more details. Mortgage application volume rose last week, ending two straight weeks of declines, as interest rates held steady. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8 percent on a seasonally adjusted basis for the week ending August 26, from one week earlier, according to the Mortgage Bankers Association or MBA. As part of the launch of "Rogue One: A Star Wars Story," a new toyline was unveiled on Wednesday in a stop motion video created by fans. A series of original animated shorts from Star-war fans starring key toys were used to create the video.
comments powered by Disqus
Follow RTT