---
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"
generated_at: "2026-06-05T06:20:07.696764+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Waste Connections enters $3.0B unsecured revolving credit facility, terminates prior credit agreements

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029357
- JSON: https://secwatch.observer/filing/0001104659-24-029357.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029357.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $3.0 billion
  - Counterparty: 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
  - Rate: term SOFR rate or a base rate for U.S. dollar borrowings, plus an applicable mar
  - Maturity: five year term from the Effective Date
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1318220/000110465924029357/0001104659-24-029357-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.