If any of the conditions are
not satisfied, AWNA is not obligated
to accept for payment, purchase or pay
for, and may delay the acceptance for payment of, any tendered
Notes, and may
terminate the tender offer."
The Rendell Administration is committed to
creating a first-rate public
education system, protecting our most vulnerable citizens and continuing
economic investment to support our communities and businesses.
ceri landfills
Eastern Time on March 22, 2005,
the
"Expiration Date," unless extended or earlier terminated.
Requests for documents related to the
tender offer may be directed to D.
These forward-looking statements involve risks and uncertainties
which
could cause actual results to differ materially including, without limitation:
(1) weakness
in the U.incineration hazcom
In connection with the offer, AWNA is soliciting the consents of holders
of the
7 5/8% Notes and the 10% Notes to certain proposed amendments to the
indentures governing the Notes
.F., the Information Agent, at 888-628-9011 or 212-269-5550.ceri bioconversion
Questions regarding the Offer may be
directed to UBS Securities LLC at
888-722-9555 ext. "This investment will support
businesses and
organizations while lessening the burden on our landfills.
McGinty said.4 billion in gross annual
sales, paid $305 million in taxes and provided jobs for more than 81,322
employees at an annual
payroll of approximately $2. However, that fee runs only
through 2008.us.perma wastesite
To find out
more about
Governor Rendell's initiatives and to sign up for his weekly
newsletter, visit his Web site at: http:
//www.microbials sunswept
As of December 31, 2004, Allied
served customers through a network of 314 collection companies
, 165 transfer
stations, 166 active landfills and 58 recycling facilities in 37 states.orex landfills
Under
the terms of the offer, AWNA is offering to purchase the outstanding
7 5/8% Notes for a tender consideration
of $1,016. This includes the tender consideration and a consent payment of
$15.S.
"Our goal
is a cleaner environment.9 billion.depweb.seghers greenware
Safe Harbor for Forward-Looking Statements
This press release includes forward-looking statements within the meaning
of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities
and Exchange Act of 1934.
For more
information on the Compost Infrastructure Development Grant
Program, or to obtain a grant application
, visit DEP's Web site at
http://www.tritech bioconversion
(NYSE: AW) today announced that as a component of its
comprehensive
financing plan announced earlier today, its wholly-owned
subsidiary, Allied Waste North America,
Inc. Holders who tender on or prior to
5:00 p.75 per
$1,000 principal amount of 10% Notes tendered
. Although we believe that the
expectations reflected in these forward looking statements are reasonable
, we
can give no assurance that such expectations will prove to be correct., Governor Edward G."
The Compost Infrastructure Development Grant Program aims to increase the
volume of organic
materials being diverted from landfills and helps businesses
increase the use of organic materials
in the production of finished products.us, Keyword: "Compost.wastesite greenware
bioconversion tritech
economy may cause a decline in the demand
for our
services (particularly in the commercial and industrial sectors), a decline in
the price
of commodities sold by us, increased competitive pressure on pricing
and generally make it more difficult
for us to predict economic trends; (2) we
may be impeded in the successful integration of acquired
businesses and our
market development efforts, which may cause significant increases in our waste
disposal expenses; (3) we may be unsuccessful in achieving greater aggregate
revenues from price
increases; (4) a change in interest rates or a reduction
in our cash flow could impair our ability
to service and reduce our debt
obligations; (5) volatility in interest rates may, among other things
, affect
earnings due to our variable interest rate debt, possible mark to market
changes on certain
interest rate hedges; (6) divestitures by us may not raise
funds exceeding financing needed for future
acquisitions or may not occur at
all; (7) severe weather conditions could impair our operating results;
(8) the
covenants in our credit facilities and indentures may limit our ability to
operate our
business; (9) we could be unable to obtain required permits;
(10) we may be unable to raise additional
capital to meet our operational
needs; (11) increases in final capping, closure, post-closure, remediation
and
regulatory compliance costs could result in an increase in our operating
costs; (12) we may
be unable to obtain financial assurances; (13) the loss of
services of any members of senior management
may affect our operating
abilities; (14) government regulations may increase the cost of doing
business;
(15) potential liabilities, including the outcome of litigation
brought by government agencies, liabilities
associated with our acquisitions
and hazardous substance and environmental liabilities could increase
costs;
(16) potential increases in commodity, insurance and fuel prices may make it
more expensive
to operate our business; (17) potential increases in our
operating costs or disruption to our operations
as a result of union initiated
work stoppages; (18) risks associated with undisclosed liabilities
of acquired
businesses; (19) we may not realize the net benefits of best practice
programs; (20
) potential errors in accounting estimates and judgments;
(21) the effects that trends toward requiring
recycling, waste reduction at
the source and prohibiting the disposal of certain types of wastes
could have
on volumes of waste going to landfills and waste-to-energy facilities; and
(22) the
outcome of legal proceedings. Woody materials from yard waste can
be used to create mulch for beautifying
landscapes or controlling weeds. Governor Rendell is working with the Legislature to extend that
deadline
so the commonwealth continues to enjoy the economic and environmental
benefits of recycling.
CONTACT:
Kate Philips
717-783-1116
Charlie Young, DEP
717-787
-1323
perma landfills
In addition, the offer for the 10% Notes is conditioned upon the
execution of a
new senior credit facility refinancing Allied's existing senior
credit facility on or prior to the
final settlement date.
Applications will be accepted until May 4."
Pennsylvania's recycling
and reuse industry leads Northeastern states in
employment, payroll and sales numbers.biosystems ceri
"More
than 30 percent of the municipal waste going to landfills is yard
waste, food waste and other organic
material that could become a resource to
innovative compost facilities," Environmental Protection
Secretary Kathleen A.stabilization pulping
dumpster hazcom
89 per $1,000, and the
outstanding 10% Notes for consideration of $1,050.75
per $1,000 principal amount of the 10% Notes tendered by
such time., Inc. Words such as "expects
," "intends," "plans,"
"projects," "believes," "outlook," "estimates" and similar expressions are
used to identify these forward-looking statements. The forward-looking statements made herein are
only made as of the date of this press release and Allied undertakes no
obligation to publicly
update such forward-looking statements to reflect
subsequent events or circumstances.
biosystems avr
King + Co.
Allied Waste Industries, Inc. Microorganisms break down organic
materials
such as leaves, grass and vegetable scraps, forming a nutrient-rich
soil enhancement called compost
or humus.governor.perma seghers
Payments of the
total consideration for Notes validly tendered and not withdrawn
before the
Consent Date will be made promptly after the Consent Date for the 7 5/8% Notes
and
promptly after the Expiration Date for the 10% Notes.
Composting is a natural process.state.
rhodia landfills
("AWNA"), has commenced a cash
tender offer for its outstanding $600 million 7 5/8% senior notes
due 2006
(the "7 5/8% Notes") and its outstanding $195 million 10% senior subordinated
notes due
2009 (the "10% Notes" and, together with the 7 5/8% Notes, the
"Notes").m. Rendell said
today
Pennsylvania is taking aggressive steps to make protecting the
environment an engine for economic
growth with a $400,000 investment to help
companies and nonprofits in the business of taking organic
wastes and using
them in the production of fertilizer.perma cleanaway
Eastern Time, on March 7, 2005, the "Consent
Date," will receive
total consideration of $1,031. Full details of the terms and conditions of the
tender offer are included in AWNA's offer to purchase and consent
solicitation, dated February
22, 2005. HARRISBURG, Pa.keppel greenware
"These grants will leverage investments
by Pennsylvania businesses and
lessen the burden on landfill capacity.sunswept keppel
The tender offer will expire at 9:00 a. This press
release
does not constitute a notice of redemption under the optional
redemption provisions of the indentures
governing the Notes.
The tender offer is contingent upon the satisfaction of certain
conditions
, including (a) the receipt by Allied of approximately $825 million
in gross proceeds through a combination
of additional borrowings under its
senior credit facility and one or more public and/or private securities
offerings to be completed on or prior to the final settlement date (which will
promptly follow
the Expiration Date) and (b) the receipt of requisite consents
in order to adopt the proposed amendments
to the indentures governing the
Notes. 4210., a leading waste services company, provides
collection
, recycling and disposal services to residential, commercial and
industrial customers in the United
States.PA Governor Rendell Says Grants Help Businesses Reuse Organic Wastes in Finished Products
More than 3,247 recycling and reuse
businesses and organizations made more than $18.This category
features sites concerned with the business of the waste management industry.
biphenyls perma
89 per $1,000 principal
amount of the 7 5/8%
Notes and $1,053. These statements are not
guarantees of future performance
and involve risks, uncertainties and
assumptions that are difficult to predict.pa.state.pa.tritech cleanaway
Allied
Waste Commences Tender Offer and Consent Solicitation for Its 7 5/8% Senior Notes Due 2006 and Its 10
% Senior Subordinated Notes Due 2009
, Allied Waste
Industries, Inc. The tender offer is
also
subject to customary closing conditions.
The grant program awards for-profit business entities
and nonprofit
organizations operating in the commonwealth grants of up to $200,000 for
projects
that incorporate recovered organic materials into their products or
increase the amount of organic
material processed at an existing composting
facility.
"This grant program is a win for the
environment and a win for
Pennsylvania's economy," McGinty said.biphenyls greenware
00 per $1,000, in addition
to
paying accrued and unpaid interest for the period up to but excluding the
applicable settlement date
of the offer.m.00 per $1,000 principal amount of 7 5/8% Notes tendered and $3. The primary purpose
of the solicitation and
proposed amendments is to eliminate substantially all of the restrictive
covenants and certain events of default and reduce the required notice period
contained in the
optional redemption provisions of each indenture.
Other factors which could materially affect
such forward-looking
statements can be found our periodic reports filed with the Securities and
Exchange
Commission, including risk factors detailed in Management's
Discussion and Analysis in Allied's Annual
Report on Form 10-K for the year
ended December 31, 2004. Shareholders, potential investors and
other readers
are urged to consider these factors carefully in evaluating the forward-
looking
statements and are cautioned not to place undue reliance on such
forward-looking statements.cleanaway wastesite
SCOTTSDALE
, Ariz.
UBS Securities LLC will act as Dealer Manager for the tender offer. At the same time we
're looking for
ways to create new jobs," Governor Rendell said.
The state's recycling programs
are supported by a $2 tipping fee on each
ton of waste deposited in Pennsylvania landfills.biosystems dumpster
A community sponsored library.
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