Harsco Prices $500 Million Notes

6/13/19

CAMP HILL, Pa., June 12, 2019 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC) today announced that it priced a private offering of $500 million in aggregate principal amount of 5.75% senior unsecured notes due 2027 at par.

The Company intends to use the net proceeds from the Private Offering to fund, together with borrowings under its revolving credit facility, the purchase price of the previously announced pending acquisition (the “Acquisition”) of CEHI Acquisition Corporation (“Clean Earth”). The closing of the Private Offering, which is expected to occur on June 28, 2019, is contingent upon the closing of the Acquisition and other customary closing conditions.

About Harsco Corporation

Harsco Corporation a global market leader providing environmental solutions for industrial waste streams and innovative technologies for the rail and energy sectors. Based in Camp Hill, PA, the 11,000-employee company operates in more than 30 countries. Harsco’s common stock is a component of the S&P SmallCap 600 Index and the Russell 2000 Index. Additional information can be found at www.harsco.com.

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