Advanced Disposal Completes Secondary Offering of Common Stock and Closes Debt Refinancing
Ponte Vedra, Fla.
PONTE VEDRA, Fla., Nov. 21, 2017 /PRNewswire/ -- Advanced Disposal Services, Inc. (the "Company") (NYSE: ADSW) announced today the completion of an underwritten secondary offering of 6,751,860 shares of its common stock for cash consideration of $22.40 per share. All of the shares were offered by certain legacy stockholders of the Company (the "Selling Stockholders"). The Company did not offer any stock in this transaction and did not receive any proceeds from the sale of the shares by the Selling Stockholders. In addition, no shares were sold by the Company's directors or management.