debt
confidence high
sentiment neutral
materiality 0.40
Waste Connections prices $500M 5.250% Senior Notes due 2035; net proceeds ~$495M to repay revolver
Waste Connections, Inc.
- Issued $500M aggregate principal of 5.250% Senior Notes due 2035; priced at 99.874% of par.
- Net proceeds ~$495M after fees and expenses; expected to repay borrowings under revolving credit facility.
- Closing expected June 4, 2025; BofA, J.P. Morgan, PNC, Truist Securities are joint bookrunners.
- Notes are senior unsecured obligations; offering made under existing shelf registration statement.
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