ADS prices $500M 5.375% senior notes due 2034 to refinance 2027 notes

ADVANCED DRAINAGE SYSTEMS, INC.

Priced $500M aggregate 5.375% senior unsecured notes due 2034; closing expected Feb 27, 2026.
Will redeem all $350M outstanding 5.000% senior notes due 2027; redemption date Feb 27, 2026.
Amending credit facility: revolver to $750M (from $600M), term loan B to $600M (from $408M), extended maturity.
Net proceeds from notes and term loan B will refinance existing credit facility, redeem 2027 notes, and for general corporate purposes.

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.