debt
confidence high
sentiment neutral
materiality 0.50
Waste Connections issues C$700M in senior notes (4.200% due 2033, 4.550% due 2036)
Waste Connections, Inc.
- C$300M of 4.200% Senior Notes due 2033 and C$400M of 4.550% Senior Notes due 2036 issued.
- Interest payable semi-annually on March 4 and September 4, beginning March 4, 2027.
- Notes are senior unsecured, rank equally with existing unsubordinated debt, and are not guaranteed by subsidiaries.
- Make-whole redemption prior to par call dates (July 4, 2033 for 2033 notes; June 4, 2036 for 2036 notes), then at par.
- Change of control put at 101% of principal plus accrued interest.