
Stericycle Inc., founded in 1989 and headquartered in Lake Forest, Illinois, specializes in medical waste management and sustainability solutions. The company provides a range of services including hazardous waste disposal, confidential document destruction, and compliance training for healthcare and commercial businesses.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SRCL 3.88% 2029-01-15 USDStericycle Inc. | United States | 2029-01-15 | 3.875 | 6.97 |
SRCL 3.88% 2029-01-15 USDStericycle Inc. | United States | 2029-01-15 | 3.875 | 6.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Stericycle first began issuing bonds in the early 2000s to fund its expansion and operational enhancements. Notably, in 2018, the company issued $600 million of senior notes due 2026 to refinance existing debt and support growth initiatives. As of late 2023, the yield on Stericycle's bonds has been competitive within the industry, reflecting strong management and consistent cash flow, with features that include call provisions allowing the company flexibility in managing its debt structure.