Company: WCN
Filing Date: 2025-05-30
Form Type: 424B5
Source: 0001104659-25-054854
Chunk: 7

Company: Waste Connections, Inc.
Filing Date: 2025-05-30
Form: 424B5
Chunk 7
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 time and from time to time, at a redemption price equal to the principal amount of the Notes being redeemed plus

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TABLE OF CONTENTS

accrued and unpaid interest thereon to the redemption date. The redemption prices are described under “Description of Notes — Optional Redemption” in this prospectus supplement.

Additional Amounts; Tax Redemption

All payments in respect of the Notes will be made without withholding or deduction for any taxes or other governmental charges imposed or levied by or on behalf of any taxing authority in Canada or certain other relevant jurisdictions, except to the extent required by law. If withholding or deduction is required by law, subject to certain exceptions, we will pay additional amounts so that the net amount you receive is no less than what you would have received in the absence of such withholding or deduction. If certain changes in law become effective that would require us to make additional payments with respect to taxes withheld from payments on the Notes, we may redeem the Notes in whole, but not in part, at any time upon giving prior notice, at a redemption price equal to 100% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

Change of Control Triggering Event

If a change of control triggering event occurs, except to the extent we have exercised our right to redeem the Notes, we will be required to make an offer to purchase the Notes for cash at a purchase price equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest, if any, to, but excluding, the purchase date. See “Description of Notes — Change of Control Triggering Event” in this prospectus supplement.

Covenants

The indenture governing the Notes will provide for certain limitations on our ability and the ability of certain of our subsidiaries to (1) create liens on the capital stock or indebtedness of any subsidiary or certain property, (2) enter into sale and leaseback transactions and (3) merge, amalgamate, consolidate or transfer all or substantially all of our assets.

Use of Proceeds

We estimate that the net proceeds of this offering will be approximately $495 million, after deducting the underwriting discount and estimated offering expenses payable by us. We expect to use the net proceeds of this offering, together with cash on hand, to repay a portion of the borrowings outstanding under the Revolving Credit Facility. See “Use of Proceeds” in this prospectus supplement.

Conflicts of Interest