Waste Connections announced the pricing of a public offering of C$700 million in aggregate principal amount of senior notes, detailed in an underwriting agreement dated July 27, 2026. The offering is structured in two tranches with different maturity dates and interest rates.
Key Details
- Offering Structure: The offering consists of C$300 million of 4.200% Senior Notes due 2033 and C$400 million of 4.550% Senior Notes due 2036.
- Use of Proceeds: The company intends to use the net proceeds, combined with cash on hand, to repay a portion of its outstanding Canadian dollar-denominated borrowings under its revolving credit facility.
- Underwriters: The offering is being managed by underwriters including CIBC World Markets Inc., Scotia Capital Inc., and TD Securities Inc.