2015 Financial News

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12/02/15Harsco Amends Credit Agreement; Increases Size of Facility to $600 Million From $500 Million
CAMP HILL, Pa., Dec. 2, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today it has successfully entered into an amendment of its 2012 credit agreement that increases the credit available to the Company by $100 million, extends the termination date of the agreement to June 2019, and provides the Company additional flexibility under its financial covenants. The amended facility was issued through a consortium of 13 banks, led by Citigroup. The new facility includes a $350 millio... 
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11/09/15Harsco Corporation Reports Third Quarter 2015 Results
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11/09/15Harsco to Pursue Strategic Options for Separation of Its Metals & Minerals Business
CAMP HILL, Pa., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced that its Board of Directors has unanimously determined to pursue strategic options for the separation of the Company's Metals & Minerals segment from the Industrial and Rail businesses and Brand joint venture. The Company has authorized its lead advisor, Goldman, Sachs & Co. to commence a formal process to evaluate all options for implementing a separation of Metals & Minerals, including but not limite... 
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10/15/15Harsco Corporation Repays October 2015 Notes and Provides Third Quarter and Full Year 2015 Update
CAMP HILL, Pa., Oct. 15, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced that it repaid its 2.7% $250 million Notes due October 15, 2015 with funds provided through its revolving credit facility. In recent weeks, the Company has been evaluating a number of long-term alternatives to refinance these notes and this process is ongoing. In the meantime, the revolving credit facility provides an attractive financing option, and given that the credit agreement term extends into 2... 
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08/05/15Harsco Corporation Reports Second Quarter 2015 Results
Q2 Operating Income Above Guidance; Strong Rail Performance and Lower Corporate Spending Contributed to Positive Results Initial Project Orion Initiatives Nearing Completion; 90 percent of Organizational Changes Complete and 56 percent of Underperforming Sites Now Finalized; Exploring Additional Cost Reduction and Business Enhancement Initiatives to Strengthen M&M Business 2015 Operating Income Outlook Reduced to Range of $120 Million to $135 Million Mainly due to Externa... 
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07/30/15Harsco Corporation Declares Regular Quarterly Cash Dividend
Action Marks Harsco's 262nd Consecutive Quarterly Cash Dividend to Shareholders CAMP HILL, Pa., July 30, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) has declared a regular quarterly cash dividend of $0.205 per share, or $0.82 per share on an annualized basis, payable November 16, 2015 to shareholders of record as of the close of business on October 15, 2015. The action continues the Company's long-standing dividend history, dating back every year since 1... 
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07/17/15Harsco Corporation to Release Second Quarter 2015 Results and Hold Conference Call on Wednesday, August 5, 2015
CAMP HILL, Pa., July 17, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced the following schedule and teleconference information for its second quarter 2015 earnings release. Earnings Release: Wednesday, August 5, 2015 before NYSE market opening via public newswire distribution and the Harsco Corporation website at www.harsco.com.   Teleconference: Wednesday, August 5, 2015 at 9:00 am ET. Internet broadcast in listen-only mode at www.harsco.com. The call c... 
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06/05/15Harsco Corporation Announces Withdrawal of Proposed Public Offering of $250 Million of Senior Notes and Termination of Tender Offer for Any and All of Its 2.700% Senior Notes Due 2015
CAMP HILL, Pa., June 5, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) (the "Company") today announced that it has withdrawn its previously announced public offering of $250 million aggregate principal amount of senior notes due 2020 (the "Notes") in response to market conditions. As a result of its decision not to proceed with its senior notes offering, the Company also announced today that it has terminated its previously announced cash tender offer (the "Tender Offer") for any and... 
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06/01/15Harsco Corporation Commences Tender Offer for Any and All of Its 2.700% Senior Notes Due 2015
CAMP HILL, Pa., June 1, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced that it has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 2.700% Senior Notes due 2015 (the "Notes"). The Tender Offer is scheduled to expire at 8:30 a.m., New York City time, June 8, 2015, unless extended or earlier terminated (such time, as may be extended, the "Expiration Time"). Holders who validly tender (and do not validly withdraw) their Notes prior to... 
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06/01/15Harsco Corporation Announces Public Offering of $250 Million of Senior Notes
CAMP HILL, Pa., June 1, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) (the "Company") today announced the commencement of its registered public offering, subject to market and other conditions, of $250 million aggregate principal amount of senior notes due 2020 (the "Notes"). The Company intends to use the net proceeds from the offering of the Notes to fund a cash tender offer for any and all of its outstanding 2.700% Senior Notes due 2015, with any remaining proceeds from the offer... 
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05/22/15Harsco Corporation to Present at KeyBanc's 2015 Industrial, Automotive and Transportation Conference
Presentation to be Webcast at 8:00 am ET on Thursday, May 28th CAMP HILL, Pa., May 22, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today that Company management will be presenting at the KeyBanc Capital Markets 2015 Industrial, Automotive and Transportation Conference on Thursday, May 28, 2015 at 8:00 am ET. President and CEO Nick Grasberger will discuss the Company's worldwide operations and growth strategies.  A live webcast of the Company's presentation and accompany... 
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05/06/15Harsco Corporation Reports First Quarter 2015 Results
Q1 2015 Operating Income Above Guidance Despite Strong Headwinds as a Result of Favorable Sales Mix and Foreign Exchange Gain in Rail Credit Agreement Amended at Favorable Terms Project Orion Progressing as Planned; 75 percent of Organizational Changes Complete and One-half of Underperforming Sites are now Finalized 2015 Operating Income Outlook Reduced to Range of $145 million to $160 million due Largely to Macro-Economic Changes in Foreign ... 
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04/30/15Harsco Corporation Announces Results of 60th Annual Meeting of Stockholders
CAMP HILL, Pa., April 30, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today the results of its 60th Annual Meeting of Stockholders, held yesterday in Camp Hill, Pennsylvania. Stockholders approved the election of all ten nominees to the Board of Directors to serve until the 2016 Annual Meeting and also ratified the Audit Committee's appointment of PricewaterhouseCoopers LLP as Independent Auditors for the year ending December 31, 2015. The elected nominees include all ni... 
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04/29/15Harsco Corporation Declares Regular Quarterly Cash Dividend
Action Marks Harsco's 261st Consecutive Quarterly Cash Dividend to Shareholders CAMP HILL, Pa., April 29, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) has declared a regular quarterly cash dividend of $0.205 per share, or $0.82 per share on an annualized basis, payable August 17, 2015 to shareholders of record as of the close of business on July 15, 2015. The action continues the Company's long-standing dividend history, dating back every year since 1939.... 
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04/14/15Harsco Corporation to Release First Quarter 2015 Results and Hold Conference Call on Wednesday, May 6, 2015
CAMP HILL, Pa., April 14, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced the following schedule and teleconference information for its first quarter 2015 earnings release. Earnings Release: Wednesday, May 6, 2015 before NYSE market opening via public newswire distribution and the Harsco Corporation website at www.harsco.com.    Teleconference: Wednesday, May 6, 2015 at 9:00 am ET. Internet broadcast in listen-only mode at www.harsco.com. The call can al... 
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03/30/15Harsco Extends Revolving Credit Facility for $500 Million With Amended Terms
CAMP HILL, Pa., March 30, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today it has successfully entered into an amendment of its five-year credit agreement from 2012 that increases the Company's access to funds and, after completing the refinancing of the Company's October 2015 Senior Notes, will extend the termination date to June 2019. The amended $500 million facility was issued through a multi-national consortium of 11 banks, co-led by Citibank, JPMorgan Chase and HSBC. ... 
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03/04/15Harsco Sets Investor Meetings; Posts Slide Content to Website
CAMP HILL, Pa., March 4, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today it has scheduled a series of investor meetings through the balance of this month to further communicate the Company's strategic objectives and outlook. The meetings will be led by Harsco President and CEO Nick Grasberger. The slides for these meetings have been posted to the Investor Relations section of the Harsco website, at www.harsco.com. About Harsco Corporation Harsco Corporation is a di... 
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03/02/15Photo Release -- Harsco Acquires Protran Technology, Industry Leader in Transportation Safety Products
CAMP HILL, Pa., March 2, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today it has acquired Protran Technology, a New Jersey-based leader in the design and production of safety systems for transportation and industrial applications. Terms of the transaction were not disclosed. Protran's roadway worker protection systems serve the industrial s... 
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02/26/15Harsco Corporation Reports Fourth Quarter 2014 Results
Q4 2014 Adjusted Operating Income within Guidance Project Orion Execution In Line with 2014 Plans; Phase II Underway and Meaningful Benefits to be Realized in 2015 and Beyond 2015 Adjusted Operating Income Anticipated to Increase to Between $155 million and $170 million; Free Cash Flow and ROIC also Anticipated to Improve to Between $75 million and $100 million and 7.5% and 8.5%, respectively CAMP HILL, Pa., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE... 
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02/20/15Harsco Corporation Declares Regular Quarterly Cash Dividend
Action Marks Harsco's 260th Consecutive Quarterly Cash Dividend to Shareholders CAMP HILL, Pa., Feb. 20, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) has declared a regular quarterly cash dividend of $0.205 per share, or $0.82 per share on an annualized basis, payable May 15, 2015 to shareholders of record at the close of business on April 15, 2015. The action continues the Company's long-standing dividend history going back every year since 1939. Har... 
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01/23/15Harsco Corporation to Release Fourth Quarter 2014 Results and Hold Conference Call on February 26, 2015
CAMP HILL, Pa., Jan. 23, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) today announced the following schedule and teleconference information for its fourth quarter 2014 earnings release. Earnings Release: Thursday, February 26, 2015 before NYSE market opening via public newswire distribution and the Harsco Corporation website at www.harsco.com. Teleconference: Thursday, February 26, 2015 at 9:00 am ET. Please note the earlier start time. Internet broadcast in listen-only m... 
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