Advanced Drainage Systems prices $500M of 6.375% senior notes due 2030

ADVANCED DRAINAGE SYSTEMS, INC.

$500M aggregate principal amount of 6.375% senior unsecured notes due 2030.
Offering expected to close June 9, 2022, subject to customary closing conditions.
Net proceeds to repay outstanding borrowings under senior secured revolver; remainder for general corporate purposes.
Notes are unsecured and guaranteed by domestic subsidiaries that guarantee the credit facility.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.