Waste Connections arranges senior note offering

Executive Summary

• Waste Connections Inc. plans to offer senior unsecured notes in an underwritten public offering, subject to market conditions.
• The company intends to use the net proceeds, combined with existing cash on hand, to repay a portion of the outstanding borrowings under its revolving credit facility.
• The offering is being made pursuant to an effective shelf registration statement filed with the SEC on October 24, 2024.

Key Details

• Instrument: Senior unsecured obligations of Waste Connections Inc.
• Underwriters: BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities are acting as joint book-running managers and underwriters.
• Use of Proceeds: Repayment of a portion of borrowings outstanding under the company's revolving credit facility.
• Registration: The offering is made pursuant to an effective shelf registration statement filed with the United States Securities and Exchange Commission (SEC) on Oct. 24, 2024.
• Prospectus Availability: Preliminary prospectus supplements and base prospectuses are available via the underwriters (BofA, J.P. Morgan, PNC, Truist) and the SEC website.