Waste Connections Enters Material Definitive Agreement

TL;DR

Waste Connections just signed a big deal, likely involving debt.

AI Summary

On June 13, 2024, Waste Connections, Inc. entered into a material definitive agreement related to a direct financial obligation. The company, formerly known as Progressive Waste Solutions Ltd., IESI-BFC Ltd, and BFI Canada Ltd, is involved in the refuse systems industry.

Why It Matters

This filing indicates a significant financial commitment or obligation for Waste Connections, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements, especially those involving financial obligations, can introduce financial risks and operational changes that warrant careful monitoring.

Key Players & Entities

• Waste Connections, Inc. (company) — Registrant
• June 13, 2024 (date) — Date of earliest event reported
• Progressive Waste Solutions Ltd. (company) — Former company name
• IESI-BFC Ltd (company) — Former company name
• BFI Canada Ltd (company) — Former company name

FAQ

From the Filing

0001104659-24-071328.txt : 20240613 0001104659-24-071328.hdr.sgml : 20240613 20240613165648 ACCESSION NUMBER: 0001104659-24-071328 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 21 CONFORMED PERIOD OF REPORT: 20240613 ITEM INFORMATION: Entry into 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: 20240613 DATE AS OF CHANGE: 20240613 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: 241041980 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 tm2416839d7_8k.htm FORM 8-K false 0001318220 0001318220 2024-06-13 2024-06-13 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): June 13, 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).   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 Agreement.   On June 13, 2024, Waste Conne