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Waste Connections Prices $500 Million Senior Notes Offering

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Waste Connections Prices $500 Million Senior Notes Offering

Confident Investing Starts Here:

An announcement from Waste Connections ( (TSE:WCN) ) is now available.

Waste Connections, Inc. announced the pricing of a $500 million public offering of 5.25% Senior Notes due 2035, with the offering expected to close on June 4, 2025. The net proceeds of approximately $495 million will be used to repay a portion of the borrowings under its revolving credit facility, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (TSE:WCN) stock is a Buy with a C$206.00 price target. To see the full list of analyst forecasts on Waste Connections stock, see the TSE:WCN Stock Forecast page.

Spark’s Take on TSE:WCN Stock

According to Spark, TipRanks’ AI Analyst, TSE:WCN is a Outperform.

Waste Connections demonstrates strong financial performance and positive earnings call insights, which are significant strengths. Despite a bearish technical outlook and high valuation, the company’s robust operational execution and strategic acquisitions provide a favorable position. Strong corporate governance further enhances the stock’s appeal.

To see Spark’s full report on TSE:WCN stock, click here.

More about Waste Connections

Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer, and disposal services, including by rail, along with resource recovery through recycling and renewable fuels generation. The company serves approximately nine million residential, commercial, and industrial customers across 46 states in the U.S. and six provinces in Canada. Waste Connections also offers non-hazardous oilfield waste treatment, recovery, and disposal services, as well as intermodal services for cargo and solid waste containers in the Pacific Northwest.

Average Trading Volume: 325,394

Technical Sentiment Signal: Buy

Current Market Cap: C$70.15B

Find detailed analytics on WCN stock on TipRanks’ Stock Analysis page.

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