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Stericycle Inc.

11/04/2024 | Press release | Distributed by Public on 11/04/2024 08:20

Asset Transaction Form 8 K

Item 1.02

Termination of a Material Definitive Agreement.

Repayment and Termination of Credit Agreement

On November 4, 2024, in connection with the Merger, the Company terminated and repaid in full all outstanding obligations (approximately $1.04 billion in aggregate) due under that certain credit agreement, dated September 30, 2021, by and among the Company, certain subsidiaries of the Company as guarantors, Bank of America, N.A. as administrative agent and a lender, and other lenders party thereto (as amended, restated, supplemented, waived or otherwise modified from time to time, the "Credit Agreement"). In connection with the termination and repayment in full of all outstanding obligations under the Credit Agreement, all related liens and security interests were terminated, discharged and released.