Waste Connections to pay down revolver with common stock proceeds

By Ashley Montgomery

Kansas City, Kan., Feb. 27 - Waste Connections, Inc. intends to use the proceeds from its issue of 12 million shares of common stock to repay borrowings under its senior revolving credit facility.

Any remaining proceeds will be used for general corporate purposes, according to a company news release.

Waste Connections is a Folsom, Calif.-based solid waste services company.

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