2018 Financial News

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06/18/18Harsco Completes Successful Debt Repricing and Increases Revolving Credit Facility
CAMP HILL, Pa., June 18, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) (the “Company”) announced today amendments to its existing senior secured credit facilities in order to, among other things, reduce the interest rate applicable to the $545 million of term loans outstanding and increase the amount of its revolving credit commitments. Goldman Sachs and Citigroup acted as joint bookrunners and joint lead arrangers for the amendments. Under the amendments, the new effective interest r... 
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06/05/18Harsco Corporation Announces Launch of Amendments to Its Existing Credit Facilities
CAMP HILL, Pa., June 05, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) (the “Company”) announced today it is seeking to amend its existing senior secured credit facilities in order to, among other things, reduce the interest rate applicable to the $545 million of term loans outstanding thereunder and increase the amount of its revolving credit commitments by as much as $100 million to $500 million. Goldman Sachs and Citigroup are acting as joint bookrunners and joint lead arrangers... 
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05/29/18Harsco Acquires ALTEK, a Leading Supplier of Innovative Environmental and Technology Products to the Global Aluminum Industry
CAMP HILL, Pa., May 29, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today the acquisition of ALTEK Group, a U.K.-based manufacturer of market leading products that enable aluminum producers and recyclers to manage and efficiently extract value from critical waste streams, reduce waste generation, and improve operating productivity. Harsco acquired ALTEK, on a debt and cash free basis, for a purchase price of £45 million (approximately $60 million), plus an additional futur... 
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05/25/18Harsco to Participate in 2018 KeyBanc Industrials & Basic Materials Conference
CAMP HILL, Pa., May 25, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today that Company management is participating in the KeyBanc Industrials and Basic Materials Conference in Boston on Wednesday, May 30, 2018.  CEO and President Nick Grasberger and Investor Relations Director Dave Martin will meet with various investors at the conference to discuss the Company’s global operations and strategic priorities. About Harsco Corporation Harsco Corporation is a diversified indu... 
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05/03/18Harsco to Present at Oppenheimer 13th Annual Industrial Growth Conference
CAMP HILL, Pa., May 03, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today that Company management is participating in the Oppenheimer 13th Annual Industrial Growth Conference in New York City on May 8, 2018.  President and Chief Executive Officer Nick Grasberger and Investor Relations Director Dave Martin will meet with various investors at the conference to discuss the Company’s global operations and strategic priorities. A live webcast of the Company’s formal presenta... 
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05/02/18Harsco Corporation Reports First Quarter 2018 Results
Q1 GAAP Operating Income Increased 28 Percent Compared with the Prior-Year Quarter to $37 Million   Quarterly Operating Results Exceeded Guidance Due to Strong Performance in Metals & Minerals and Industrial Segments, Along with Lower Corporate Spending   Q1 Revenues Increased 10 Percent Compared with the Prior-Year Quarter, While Diluted Earnings per Share Doubled to $0.22   2018 Full Year GAAP and Adjusted Operating Income Guidance Increased to Between $165 Million to $180 Million;... 
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05/02/18Harsco Corporation Announces $75 Million Share Repurchase Authorization
CAMP HILL, Pa., May 02, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $75 million of its common stock. “The decision by Harsco’s Board of Directors to implement a share repurchase program demonstrates our confidence in our business strategy and enables us to deliver additional value to shareholders,” said President and CEO Nick Grasberger. “Harsco continu... 
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04/25/18Harsco Announces Results of 63rd Annual Meeting of Stockholders
CAMP HILL, Pa., April 25, 2018 (GLOBE NEWSWIRE) -- Harsco Corp. (NYSE:HSC) announced today the results of its 63rd Annual Meeting of Stockholders, held yesterday in Harrisburg, PA. Stockholders approved the election of all eight nominees to the Board of Directors to serve until the 2019 Annual Meeting and also ratified the Audit Committee’s appointment of PricewaterhouseCoopers LLP as Independent Auditors for the year ending December 31, 2018. Stockholders also approved the non-binding advi... 
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03/16/18Harsco to Participate in Seaport Global Transports & Industrials Conference
CAMP HILL, Pa., March 16, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today that Company management is participating in the Seaport Global Transports and Industrials Conference in Coral Gables, Florida on Wednesday, March 21, 2018.  Senior Vice President and Chief Financial Officer Pete Minan, Vice President of Treasury Mike Kolinsky and Investor Relations Director Dave Martin will meet with various investors at the conference to discuss the Company’s global operations and... 
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02/22/18Harsco Corporation Reports Fourth Quarter and Full-Year 2017 Results
Q4 GAAP Operating Income of $38 Million; Each Business Segment Contributed to Results That Exceeded Guidance Range   Q4 Revenues Increased 26 Percent Compared with the Prior-Year Quarter   Net Cash Provided by Operating Activities Totaled $94 Million in Q4 and $177 Million for 2017   Free Cash Flow Totaled $63 Million in Q4 and $93 Million for the Full-Year; Company's Credit Agreement Net Leverage Ratio Declined as a Result to 1.9x at Year-End   2018 GAAP and Adjusted Operating I... 
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02/15/18Edgar M. Purvis, Jr. Joins Harsco Corporation’s Board of Directors
CAMP HILL, Pa., Feb. 15, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today that it has elected Edgar (Ed) M. Purvis, Jr. to its Board of Directors. Purvis, 60, is the former Executive Vice President and Chief Operating Officer of Emerson Electric Co., a manufactured products and engineering services provider for a wide range of commercial, industrial, and consumer markets. Mr. Purvis was named Emerson’s EVP/COO in January 2015 – a role he held until his retirement in De... 
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01/16/18Harsco Corporation Announces Timing of Fourth Quarter and Full Year 2017 Financial Results and Conference Call
CAMP HILL, Pa., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced that it will issue its fourth quarter and full year 2017 financial results on Thursday, February 22, 2018 prior to NYSE market open via newswire distribution and a posting on the company website at www.harsco.com. The earnings conference call for investors and financial analysts will be webcast at 9:00 am that morning. The webcast will be available in listen-only mode at www.harsco.com.  The ca... 
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