Fitch gives BBB+ to Waste Connections notes

Fitch Ratings said it assigned BBB+ ratings to Waste Connections, Inc.'s proposed issuance of two series of senior notes totaling $1.5 billion.

Fitch currently rates the company’s long-term issuer default rating, senior unsecured credit facilities and senior unsecured notes BBB+.

The outlook is stable.

Waste Connections plans to issue senior unsecured notes due in 2032 and 2052.

Fitch said its ratings on the notes reflect the expectation that proceeds will be used to refinance $1.5 billion of existing senior notes.

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