Waste Connections Plans CAD Senior Notes Offering to Refinance Debt

Waste Connections Inc., a solid waste services company, has announced plans to issue two series of Canadian dollar-denominated senior notes due in 2033 and 2036. The offering will be conducted through an underwritten public sale in the U.S. and via private placement in Canadian provinces.

The notes will be unsecured obligations of the company and are subject to market conditions. Waste Connections intends to use the net proceeds, along with cash on hand, to repay a portion of its outstanding borrowings under its revolving credit facility.

CIBC Capital Markets, Scotiabank, and TD Securities are serving as joint book-running managers and underwriters for the offering.