Company: WCN
Filing Date: 2025-06-04
Form Type: 8-K
Source: 0001104659-25-056405
Chunk: 0

Company: Waste Connections, Inc.
Filing Date: 2025-06-04
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item 1.01.      Entry into a Material Definitive Agreement.  

On June 4, 2025, Waste Connections, Inc.
(“ Waste Connections” or the “ Company”) completed an underwritten public offering (the “ Offering”)
of $500,000,000 aggregate principal amount of its 5.250% Senior Notes due 2035 (the “ Notes”). The Company issued the Notes
under the Indenture, dated as of November 16, 2018 (the “ Base Indenture”), by and between the Company and U. S. Bank Trust
Company, National Association, as successor in interest to U. S. Bank National Association, as trustee (the “ Trustee”), as
supplemented by the Tenth Supplemental Indenture, dated as of June 4, 2025 (the “ Supplemental Indenture” and the Base
Indenture as so supplemented, the “ Indenture”).

The Company will pay interest on the Notes on March 1
and September 1 of each year, beginning March 1, 2026, and the Notes will mature on September 1, 2035. The Notes are the
Company’s senior unsecured obligations, ranking equally in right of payment with its other existing and future unsubordinated debt
and senior to any of its future subordinated debt. The Notes will not be guaranteed by any of the Company’s subsidiaries.

Waste Connections may, prior to June 1, 2035
(three months before the maturity date) (the “ Par Call Date”), redeem some or all of the Notes, at any time and from time
to time, at a redemption price equal to the greater of 100% of the principal amount of the Notes redeemed, or the sum of the present values
of the remaining scheduled payments of principal and interest on the Notes redeemed discounted to the redemption date (assuming the Notes
matured on the Par Call Date), plus, in either case, accrued and unpaid interest thereon to the redemption date. Commencing on June 1,
2035 (three months before the maturity date), the Company may redeem some or all of the Notes, at any time and from time to time, at a
redemption price equal to the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to the redemption
date.

Under certain circumstances, Waste Connections
may become obligated to pay additional amounts (the “ Additional Amounts”) with respect