Waste Connections Inc. priced $600 million in 2.600% senior notes due 2030 at 99.99% of their face value.
The company intends to use the offering's net proceeds of about $594 million, excluding underwriting fees and estimated offering expenses, to repay part of its outstanding borrowings under a revolving credit facility and for other general corporate purposes.
The joint book-running managers and underwriters of the offering are BofA Securities, J.P. Morgan, MUFG and Wells Fargo Securities.