Waste Connections Reports Material Agreements & New Financial Obligation

Ticker: WCN · Form: 8-K · Filed: 2024-02-29T00:00:00.000Z

Sentiment: mixed

Topics: material-agreement, debt, corporate-action

TL;DR

**Waste Connections just entered and exited a major deal, plus took on new debt, all on Feb 27th!**

AI Summary

Waste Connections, Inc. filed an 8-K on February 29, 2024, reporting events that occurred on February 27, 2024. The filing indicates the entry into and termination of a material definitive agreement, as well as the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. The specific details of these agreements and obligations are not provided in the excerpt.

Why It Matters

This filing signals significant changes in Waste Connections' financial commitments and operational agreements, which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the material agreements and financial obligations introduces uncertainty about their potential impact on the company.

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 27, 2024.

What types of events did Waste Connections, Inc. report in this 8-K?

Waste Connections, Inc. reported the entry into a Material Definitive Agreement, the termination of a Material Definitive Agreement, and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

When was this 8-K filed with the SEC?

This 8-K was filed with the SEC on February 29, 2024.

What is the full legal name of the registrant as specified in its charter?

The exact name of the registrant as specified in its charter is Waste Connections, Inc.

Where is Waste Connections, Inc. incorporated?

Waste Connections, Inc. is incorporated in Ontario, Canada.

From the Filing

0001104659-24-029357.txt : 20240229 0001104659-24-029357.hdr.sgml : 20240229 20240229160530 ACCESSION NUMBER: 0001104659-24-029357 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240227 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Waste Connections, Inc. CENTRAL INDEX KEY: 0001318220 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34370 FILM NUMBER: 24703543 BUSINESS ADDRESS: STREET 1: 6220 HWY 7 STREET 2: SUITE 600 CITY: WOODBRIDGE STATE: A6 ZIP: L4H 4G3 BUSINESS PHONE: (905) 532-7510 MAIL ADDRESS: STREET 1: 6220 HWY 7 STREET 2: SUITE 600 CITY: WOODBRIDGE STATE: A6 ZIP: L4H 4G3 FORMER COMPANY: FORMER CONFORMED NAME: Progressive Waste Solutions Ltd. DATE OF NAME CHANGE: 20110503 FORMER COMPANY: FORMER CONFORMED NAME: IESI-BFC Ltd DATE OF NAME CHANGE: 20090522 FORMER COMPANY: FORMER CONFORMED NAME: BFI Canada Ltd DATE OF NAME CHANGE: 20081015 8-K 1 tm247559d1_8k.htm FORM 8-K false 0001318220 0001318220 2024-02-27 2024-02-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 27, 2024     Waste Connections, Inc. (Exact name of registrant as specified in its charter)     Ontario, Canada   1-34370   98-1202763 (State or other jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   6220 Hwy 7, Suite 600 Woodbridge Ontario L4H 4G3 Canada (Address of principal executive offices)   Registrant’s telephone number, including area code: ( 905 ) 532-7510   Not Applicable (Former name or address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):     ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, no par value WCN New York Stock Exchange (“ NYSE ”) Toronto Stock Exchange (“TSX”)   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨           Item 1.01. Entry into a Material Definitive Agreem

View on Read The Filing