SECURE ANNOUNCES $300 MILLION SENIOR UNSECURED NOTE FINANCING

Executive Summary

• SECURE Waste Infrastructure Corp. entered into an underwriting agreement to issue $300 million of 5.75% senior unsecured notes due November 20, 2032.
• The net proceeds will be used to repay existing indebtedness under the company’s senior secured revolving credit facility and for general corporate purposes.
• The notes are being offered privately in Canada, to qualified institutional buyers in the U.S. (Rule 144A), and offshore (Regulation S).

Key Details

• Offering Size: $300 million aggregate principal amount.
• Interest Rate: 5.75% per annum.
• Maturity: November 20, 2032.
• Underwriters / Bookrunners: Joint bookrunners – BMO Capital Markets and National Bank Capital Markets; co‑lead managers – ATB Capital Markets, CIBC Capital Markets, RBC Dominion Securities, Scotia Capital, TD Securities; co‑managers – Raymond James and Stifel Nicolaus Canada.
• Placement Type: Private placement in Canada; Rule 144A offering to qualified U.S. institutional buyers; Regulation S offshore transactions.
• Use of Proceeds:
• Repayment of existing indebtedness under the senior secured revolving credit facility.
• General corporate purposes.
• Currency: All amounts quoted in Canadian dollars unless otherwise noted.
• Regulatory Notices: Notes not registered under U.S. securities laws; offering limited to qualified buyers where applicable.

Notable Quotes

(No executive quotes were included in the release.)