WASTE CONNECTIONS ANNOUNCES PRICING OF C$500 MILLION OF SENIOR NOTES By Investing.com

TORONTO, June 11, 2024 /PRNewswire/ — Following the earlier announcement of the launch of a senior notes providing, Waste Connections (NYSE:), Inc. (TSX/NYSE: WCN) (“Waste Connections” or the “Company”) introduced at the moment that it has priced an underwritten public providing within the U.S. and by the use of personal placement in every of the provinces of Canada (the “Offering”) of C$500 million mixture principal quantity of its 4.50% Senior Notes due 2029 (the “Notes”) at a value to the general public of 99.933% of their face worth. The Providing is predicted to shut on June 13, 2024, topic to customary closing circumstances. Web proceeds to Waste Connections from the Providing are anticipated to be roughly C$495 million, after deducting underwriting charges and estimated Providing bills, and are anticipated for use to repay a portion of the Canadian dollar-denominated borrowings excellent underneath its revolving credit score facility supplied underneath its credit score settlement.

CIBC Capital Markets, TD Securities, and Scotiabank are appearing as joint book-running managers and underwriters for the Providing together with the a number of different underwriters named within the underwriting settlement. The Providing is being made in america pursuant to an efficient shelf registration assertion filed with the U.S. Securities and Change Fee (the “SEC“) on September 1, 2021 (the “Registration Statement”) and on a non-public placement foundation in Canada to purchasers in every province of Canada underneath a Canadian providing memorandum (the “Canadian Offering Memorandum”), which incorporates the Registration Assertion. Copies of the prospectus complement and the accompanying base prospectus for the Providing and, in Canada, the Canadian Providing Memorandum, could also be obtained by contacting CIBC World Markets Inc., 161 Bay Road, fifth Ground, Toronto, ON M5J 2S8, Consideration: Debt Capital Markets, at cibcdebtsyndication@cibc.com or by phone at 416-594-8515, TD Securities Inc., 222 Bay Road, seventh Ground, Toronto, ON M5K 1A2, Consideration: Debt Capital Markets, at tdcan-syndicate@tdsecurities.com or by phone at 416-982-2243, or Scotia Capital Inc., 40 Temperance Road, 4th Ground, Toronto, ON M5H 3Y2, Consideration: Debt Capital Markets, at dcmtoronto@scotiabank.com or by phone at 416-863-7776. Copies of the prospectus complement and the accompanying base prospectus for the Providing may even be accessible on the SEC’s web site at http://www.sec.gov.

This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase the Notes or some other securities, nor will there be any supply, solicitation or sale of the Notes or some other securities in any jurisdiction during which such supply, solicitation or sale could be illegal.

About Waste Connections

Waste Connections is an built-in stable waste companies firm that gives non-hazardous waste assortment, switch and disposal companies, together with by rail, together with useful resource restoration primarily by means of recycling and renewable fuels era. The Firm serves roughly 9 million residential, business and industrial prospects in principally unique and secondary markets throughout 46 states within the U.S. and 6 provinces in Canada. Waste Connections additionally supplies non-hazardous oilfield waste therapy, restoration and disposal companies in a number of basins throughout the U.S. and Canada, in addition to intermodal companies for the motion of cargo and stable waste containers within the Pacific Northwest. Waste Connections views its Environmental, Social and Governance (“ESG”) efforts as integral to its enterprise, with initiatives according to its goal of long-term worth creation and targeted on decreasing emissions, growing useful resource restoration of each recyclable commodities and clear vitality fuels, decreasing reliance on off-site disposal for landfill leachate, additional enhancing security and enhancing worker engagement.

Secure Harbor and Ahead-Trying Data

This press launch comprises forward-looking statements inside the that means of the secure harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995 (“PSLRA”), together with “forward-looking information” inside the that means of relevant Canadian securities legal guidelines. These forward-looking statements are neither historic info nor assurances of future efficiency and replicate Waste Connections’ present beliefs and expectations concerning future occasions, together with the potential Providing and the Firm’s use of proceeds. These forward-looking statements are sometimes recognized by the phrases “may,” “might,” “believes,” “thinks,” “expects,” “estimate,” “continue,” “intends” or different phrases of comparable that means. All the forward-looking statements included on this press launch are made pursuant to the secure harbor provisions of the PSLRA and relevant securities legal guidelines in Canada. Ahead-looking statements contain dangers, assumptions and uncertainties. Ahead-looking statements on this press launch embrace, however usually are not restricted to, statements in regards to the timing and different components of the Providing. Vital components that might trigger precise outcomes to vary, probably materially, from these indicated by the forward-looking statements embrace, however usually are not restricted to, danger components detailed within the prospectus complement and the accompanying base prospectus, that are each part of the Registration Assertion, the Firm’s Annual Report on Kind 10-Ok for the fiscal yr ended December 31, 2023, and people danger components set forth once in a while within the Firm’s different filings with the SEC and the securities commissions or related regulatory authorities in Canada. You shouldn’t place undue reliance on forward-looking statements, which converse solely as of the date of this press launch. Waste Connections undertakes no obligation to replace the forward-looking statements set forth on this press launch, whether or not on account of new data, future occasions, or in any other case, until required by relevant securities legal guidelines.