Waste Connections Increases Debt Agreement

Folsom, Calif.-based Waste Connections has announced an agreement with Bank of America and JPMorgan Chase Bank to increase its existing unsecured revolving debt agreement by $45 million to $845 million.

According to a filing with the U.S. Securities and Exchange Commission, the company had roughly $546 million of outstanding obligations under the agreement, as of the end of May. Other than the increase of commitments, the remaining terms of the agreement remain the same.

TAGS: Financials