Safety-Kleen Files Registration Statement for Initial Public Offering
PLANO, Texas, Aug. 14, 2012 /PRNewswire/ — Safety-Kleen, Inc. (Safety-Kleen) today announced that is has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The offered shares will be sold by certain of its stockholders. Safety-Kleen plans to apply to list its shares on the New York Stock Exchange.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus. A copy of the preliminary prospectus for the proposed offering may be obtained, when available, by writing or telephoning Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, 800-221-1037, firstname.lastname@example.org, or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, 866-718-1649, email@example.com.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction.
Safety-Kleen is a leading provider of environmental services to commercial, industrial and automotive customers, and the largest re-refiner of used oil and provider of parts cleaning services in North America, with approximately 4,200 employees serving more than 200,000 customer locations in the United States, Canada and Puerto Rico. Safety-Kleen delivers a set of sustainable services to meet the required, recurring environmental needs of its customers.