24.08.2015 22:59:00
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ADS Waste Holdings, Inc. -- ADS Waste's Potential IPO Provides Opportunity for Material De-Leveraging
New York, August 24, 2015 -- Moody's Investors Service said ADS Waste Holdings, Inc. (ADS) recent Form S-1 filing for a partial initial public offering (IPO) - funds affiliated with private equity sponsor Highstar Capital will remain the majority shareholder - and intentions to pay down debt with the proceeds could favorably impact the company's credit profile but does not impact the company's ratings at this time, including the B3 Corporate Family Rating (CFR), the B2 senior secured rating, the Caa2 senior unsecured rating or the stable outlook.