secwatch.observer — SEC 8-K summary
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Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001140361-23-045785
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot subsidiary issues $500M of 7.375% Senior Secured Notes due 2031
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- WSI, indirect subsidiary of WillScot, issued $500M aggregate principal of 7.375% Senior Secured Notes due 2031.
- Notes mature October 1, 2031; interest payable semiannually on April 1 and October 1, first payment April 1, 2024.
- Notes secured by second-priority lien on substantially all assets of WSI and guarantors; WillScot itself is not a guarantor.
- WSI may redeem up to 40% of Notes before Oct 2026 with equity proceeds at 107.375% of principal, plus accrued interest.
- Upon change of control, WSI must offer to repurchase Notes at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000114036123045785/0001140361-23-045785-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000114036123045785/ef20011424_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-045785

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