{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-029357","form_type":"8-K","ticker":"WCN","cik":"0001318220","company_name":"Waste Connections, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.746785+00:00","generated_at":"2026-06-05T06:20:07.696764+00:00","sec_items":["1.01","2.03","1.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Waste Connections enters $3.0B unsecured revolving credit facility, terminates prior credit agreements","bullets":["New $3.0B (upsizable to $4.0B) 5-year unsecured revolver with Bank of America as agent; proceeds refinance existing debt.","Terminated $1.45B 2021 revolving/term loan agreement and 2022 term loan agreement using proceeds from new facility.","Covenant: max Total Funded Debt/EBITDA of 3.75x (4.25x during material acquisitions); interest margins tied to debt ratings.","Facility includes $320M letter of credit sublimit and $100M swingline; uncommitted upsize option."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-029357","json":"https://secwatch.observer/filing/0001104659-24-029357.json","markdown":"https://secwatch.observer/filing/0001104659-24-029357.md","text":"https://secwatch.observer/filing/0001104659-24-029357.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1318220/000110465924029357/0001104659-24-029357-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1318220/000110465924029357/tm247559d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:20:07.696764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"37f500f97f71e5d2bda6042b1e3638bcde450611","claim":"Waste Connections, Inc. incurred revolving credit of $3.0 billion with Bank of America, N.A., acting through its Canada Branch, as the global agent, the swing line lender, and an L/C issuer, Bank of America, N.A., as the U.S. agent and an L/C issuer, and the other lenders from time to time party thereto at term SOFR rate or a base rate for U.S. dollar borrowings, plus an applicable mar maturing five year term from the Effective Date.","evidence_excerpt":"mechanics therein by which the Company may request two additional one-year maturity date extensions), (ii) provides for revolving advances up to an aggregate principal amount of $3.0 billion at any one time outstanding (subject to satisfaction of certain conditions at the time advances are made) and (iii) provides for, at the Company’s discretion, flexibility for an","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1318220/000110465924029357/0001104659-24-029357-index.htm","confidence":0.97,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$3.0 billion"},{"label":"Counterparty","value":"Bank of America, N.A., acting through its Canada Branch, as the global agent, the swing line lender, and an L/C issuer, Bank of America, N.A., as the U.S. agent and an L/C issuer, and the other lenders from time to time party thereto"},{"label":"Rate","value":"term SOFR rate or a base rate for U.S. dollar borrowings, plus an applicable mar"},{"label":"Maturity","value":"five year term from the Effective Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}