debt
confidence high
sentiment neutral
materiality 0.55
Waste Connections prices C$700M senior notes offering; proceeds to repay revolver
Waste Connections, Inc.
- C$300M of 4.200% Senior Notes due 2033 priced at 99.838% of face value.
- C$400M of 4.550% Senior Notes due 2036 priced at 99.611% of face value.
- Net proceeds expected to be ~C$691.9M after underwriting fees and expenses.
- Proceeds, with cash on hand, to repay Canadian-dollar borrowings under revolving credit facility.
- Offering expected to close August 4, 2026; joint book-runners: CIBC, Scotiabank, TD Securities.