Advanced Drainage Systems Announces Pricing of $500 Million of 5.375% Senior Notes Due 2034
Advanced Drainage Systems, Inc. (WMS)
Last advanced drainage systems, inc. earnings: 2/6 06:40 am
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Source: Business Wire
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that it priced a private offering (the “Offering”) of $500 million aggregate principal amount 5.375% senior unsecured notes due 2034 (the “Notes”). The Company’s present and future direct and indirect domestic subsidiaries that guarantee its senior secured credit facility will guarantee the Notes. The Offering is expected to close on February 27, 2026, subject to customary closing conditions.In connection with the issuance of the Notes, the Company expects to amend its existing senior secured credit facility to (i) increase the revolving credit facility from $600 million to $750 million, (ii) increase the term loan “B” from $408 million to $600 million, and (iii) extend the maturity date (the “Amended Credit Facility”). The closing of this Offering is no
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WMS
News
- Advanced Drainage Systems Announces Proposed $500 Million Senior Notes OfferingBusiness Wire
- Advanced Drainage (WMS) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Advanced Drainage Systems (NYSE:WMS) had its "outperform" rating reaffirmed by analysts at Oppenheimer Holdings, Inc..MarketBeat
- Earnings Beat: Advanced Drainage Systems, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- Advanced Drainage Systems Q3 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
WMS
Earnings
- 2/5/26 - Miss
WMS
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/12/26 - Form 8-K
- 2/12/26 - Form 8-K
- WMS's page on the SEC website