---
schema_version: "secwatch.filing_event.v1"
accession: "0001604028-22-000030"
form_type: "8-K"
ticker: "WMS"
cik: "0001604028"
company_name: "ADVANCED DRAINAGE SYSTEMS, INC."
filed_at: "2022-06-02T23:59:59+00:00"
generated_at: "2026-06-25T05:09:06.194360+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Advanced Drainage Systems announces proposed $500M senior notes offering due 2030

## Summary
- Up to $500M aggregate principal of senior unsecured notes due 2030.
- Notes will be guaranteed by domestic subsidiaries that guarantee the revolver.
- Proceeds to repay outstanding revolver borrowings; remainder for general corporate purposes.
- Offering is private, exempt from registration under Rule 144A/Regulation S.

## SEC filing metadata
- accession: 0001604028-22-000030
- form_type: 8-K
- ticker: WMS
- cik: 0001604028
- company_name: ADVANCED DRAINAGE SYSTEMS, INC.
- filed_at: 2022-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604028/000160402822000030/0001604028-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604028/000160402822000030/wms-20220602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604028-22-000030
- JSON: https://secwatch.observer/filing/0001604028-22-000030.json
- Plain text: https://secwatch.observer/filing/0001604028-22-000030.txt

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