FOLSOM, Calif., Sept. 24 CA-Waste-Connections
FOLSOM, Calif., Sept. 24 /PRNewswire-FirstCall/ -- Waste Connections, Inc.
(NYSE: WCN) today announced the pricing of its public offering of 11 million
shares of its common stock at a price of $32.50 per share. The company has
granted the underwriters an option to purchase up to 1.65 million additional
shares to cover over-allotments, if any. J.P. Morgan Securities Inc., Merrill
Lynch & Co., Banc of America Securities LLC and Credit Suisse Securities (USA)
LLC are acting as joint bookrunning managers for the offering. Subject to
customary conditions, the offering is expected to close on or about September
30, 2008.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the common
stock in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such jurisdiction. A copy of the final prospectus supplement and
prospectus relating to these securities may be obtained, when available, by
contacting J.P. Morgan Securities Inc. at National Statement Processing,
Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245,
Attention: Chase Distribution & Support Service Northeast Statement
Processing, Phone: 718-242-8002; Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Attention: Prospectus Department, Four World Financial Center,
New York, New York 10080, phone: 866-500-5408; Banc of America Securities LLC,
Capital Markets (Prospectus Fulfillment) by e-mail to
dg.prospectus_distribution@bofasecurities.com or by mail to Banc of America
Securities LLC, Capital Markets Operations, 100 West 33rd Street, 3rd Floor,
New York, NY 10001; or Credit Suisse Securities (USA) LLC, Attn: Prospectus
Department, One Madison Avenue, New York, NY 10010, Phone: 800-221-1037.
Waste Connections, Inc. is an integrated solid waste services company that
provides solid waste collection, transfer, disposal and recycling services in
mostly secondary markets in the Western and Southern U.S. The company serves
more than 1.5 million residential, commercial and industrial customers from a
network of operations in 23 states. The company also provides intermodal
services for the movement of containers in the Pacific Northwest. Waste
Connections, Inc. was founded in September 1997 and is headquartered in
Folsom, California.
Certain statements contained in this press release are forward-looking in
nature. These statements can be identified by the use of forward-looking
terminology such as "believes," "expects," "may," "will," "should," or
"anticipates," or the negative thereof or comparable terminology, or by
discussions of strategy. Our business and operations are subject to a variety
of risks and uncertainties and, consequently, actual results may differ
materially from those projected by any forward-looking statements. Factors
that could cause actual results to differ from those projected include, but
are not limited to, those described in Waste Connections' filings with the
Securities and Exchange Commission, including the Form S-3 Registration
Statement and Prospectus Supplement related to the offering described above
and Waste Connections' most recent Annual Report on Form 10-K. There may be
additional risks of which Waste Connections is not presently aware or that it
currently believes are immaterial which could have an adverse impact on its
business. Waste Connections makes no commitment to revise or update any
forward-looking statements in order to reflect events or circumstances that
may change.
SOURCE Waste Connections, Inc.
