DC Advisory advised Wastequip's mezzanine debt-holders on a recapitalisation

DC Advisory* and GLC Advisors served as exclusive financial advisors to the Wastequip Mezzanine Lenders in the successful $725 million recapitalization of Wastequip. The Company successfully recapitalized its balance sheet, eliminating over $550 million of debt and reducing annual interest payments by over 80%. The Company became majority owned by Centerbridge Partners. Wastequip is the leading North American manufacturer of waste and recycling equipment with an international network of 27 manufacturing facilities and the most extensive dealer network in North America.

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