Advanced Disposal Services Prices Offering of $425 Million Notes

10/30/16

Advanced Disposal Services, Inc. (NYSE: ADSW) announced today that it has priced its previously announced private offering of $425 million aggregate principal amount of its 5?% Senior Notes due 2024 (the "Senior Notes"). The offering was conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), and is expected to close on or about November 10, 2016, subject to the satisfaction of closing conditions.

Advanced Disposal intends to use the net proceeds of the offering, together with borrowings under its previously announced proposed new Senior Secured Credit Facilities, to (i) repay all outstanding indebtedness under its existing credit agreement, (ii) finance a tender offer for $550 million aggregate principal amount of Advanced Disposal's 8¼% Senior Notes due 2020, (iii) pay tender premiums and transaction fees and expenses and (iv) for general corporate purposes, to the extent proceeds remain.

About Advanced Disposal 

Advanced Disposal (NYSE: ADSW) brings fresh ideas and solutions to the business of a clean environment. As the fourth largest solid waste company in the U.S., we provide integrated, non-hazardous solid waste collection, recycling and disposal services to residential, commercial, industrial and construction customers across 16 states and the Bahamas. Our team is dedicated to finding effective, sustainable solutions to preserve the environment for future generations. We welcome you to learn more at AdvancedDisposal.com or follow us on Facebook.

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