PHOENIX, April 24, 2025 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that it will participate in the following investor conferences in the upcoming month: Barclays Americas Select Franchise ConferenceDate: May 6, 2025Location: London, United Kingdom Oppenheimer 20th Annual Industrial Growth ConferenceDate: May 7, 2025Location: Virtual Bank of America Industrials, Transportation & Airlines Key ...

PHOENIX, April 16, 2025 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that it will release its first quarter 2025 financial results on May 1, 2025, after market close. The Company’s management team will host a conference call and webcast on May 1, 2025, at 5:30 p.m. EDT to discuss the Company’s results. To access the live call by phone, use the following link by clicking here to obtain ...

Core Viewpoint - WillScot Holdings Corporation has successfully completed its Consent Solicitations for its existing Senior Secured Notes, allowing for proposed amendments to the indentures governing these notes [1][2]. Group 1: Consent Solicitations - The Consent Solicitations for the 6.625% Senior Secured Notes due 2029 and the 7.375% Senior Secured Notes due 2031 expired on March 21, 2025, at 5:00 p.m. New York City time [2]. - More than 66 2/3% of the holders of the outstanding 2029 Notes and 2031 Notes delivered valid consents, representing approximately 88% of the $500 million total outstanding principal amount of the 2029 Notes and approximately 83% of the $500 million total outstanding principal amount of the 2031 Notes [2]. Group 2: Financial Considerations - The Company will pay a total cash consideration of $500,000 to the holders of the Existing Notes who delivered valid consents, equating to approximately $0.57 per $1,000 principal amount of 2029 Notes and approximately $0.60 per $1,000 principal amount of 2031 Notes [3]. Group 3: Next Steps - Following the receipt of the requisite consents, WillScot intends to enter into supplemental indentures for the Existing Notes, which will become effective upon execution on March 24, 2025 [4]. Group 4: Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a wide range of products including modular office complexes, mobile offices, and portable storage containers [6]. - The Company operates approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments across various sectors of the economy [6].

Core Viewpoint - WillScot Holdings Corporation is amending the Consent Solicitations for its existing Senior Secured Notes to adopt certain amendments to the indentures governing these notes [1][2]. Group 1: Consent Solicitations - The Consent Solicitations are for holders of the 6.625% Senior Secured Notes due 2029 and the 7.375% Senior Secured Notes due 2031, with a record date of March 11, 2025 [1]. - The Consent Solicitations will expire at 5:00 p.m. New York City time on March 21, 2025, unless extended or terminated [3]. - To be effective, the Proposed Amendments require Consents from holders of at least 66 2/3% in aggregate principal amount of the outstanding notes for both series [3]. Group 2: Consent Fee - The Company will make a cash payment, termed the Consent Fee, to holders of Existing Notes who validly deliver their Consents by the Expiration Time, with an aggregate Consent Fee of $250,000 for each series [4]. - The Consent Fee for each $1,000 principal amount of Existing Notes will be calculated based on the outstanding principal amount and the amount of validly delivered Consents [4]. Group 3: Conditions and Obligations - The Company's obligation to accept Consents and pay the Consent Fee is contingent upon the satisfaction or waiver of certain conditions outlined in the Consent Solicitation Statement [5]. - Holders who do not consent to the Proposed Amendments will not receive a Consent Fee but will still be bound by the terms of the Proposed Amendments if they become effective [5]. Group 4: Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a comprehensive range of products including modular office complexes and portable storage [8][9]. - The Company operates from approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments across various sectors of the economy [9].

Core Viewpoint - WillScot Holdings Corporation announced a private offering of $500 million in senior secured notes with a 6.625% interest rate due in 2030, aimed at refinancing existing debt and financing a redemption of earlier notes [1][2][3]. Group 1: Offering Details - The senior secured notes were priced at 100% of their face value and are expected to close around March 26, 2025, pending customary closing conditions [1]. - The company plans to redeem all outstanding 6.125% senior secured notes due 2025 at a total redemption price of $526.5 million, which includes accrued interest [2]. - The net proceeds from the offering, approximately $493.5 million, along with an additional $33 million from existing credit facilities, will be used to finance the redemption and cover related expenses [3]. Group 2: Regulatory and Market Context - The notes will be offered only to qualified institutional buyers and non-U.S. persons, adhering to specific regulations under the Securities Act [4]. - The offering does not constitute an offer to sell or solicit any securities in jurisdictions where such actions would be unlawful [5]. Group 3: Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a wide range of products including modular offices, mobile offices, and portable storage solutions [7]. - The company operates approximately 260 branch locations across the U.S., Canada, and Mexico, serving diverse customer segments across various sectors of the economy [7].

Core Viewpoint - WillScot Holdings Corporation is soliciting consents from holders of its existing Senior Secured Notes to amend certain provisions of the indentures governing these notes [1][2]. Group 1: Consent Solicitations - The consent solicitations are for the 6.625% Senior Secured Notes due 2029 and the 7.375% Senior Secured Notes due 2031 [1]. - The consent solicitations will expire at 5:00 p.m. New York City time on March 18, 2025, unless extended or terminated [3]. - The company needs at least 66.6667% of the outstanding principal amount of the Existing Notes to implement the proposed amendments [3]. Group 2: Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a comprehensive range of products including modular office complexes and portable storage containers [6]. - The company operates approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments [6].

Core Viewpoint - WillScot Holdings Corporation plans to offer $500 million in senior secured notes due 2030 to finance the redemption of its existing 2025 notes and related expenses [1][2][3] Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of senior secured notes due 2030, which will be WSI's general second lien senior secured obligations [1] - The proceeds from the offering will be used to redeem all outstanding 6.125% senior secured notes due 2025, totaling $526.5 million, at a redemption price of 100% of the principal amount plus accrued interest [2] - The redemption of the 2025 notes is contingent upon WSI receiving sufficient proceeds from the debt financing [2][3] Group 2: Financial Strategy - WSI intends to use the net proceeds from the offering along with approximately $33 million of additional borrowings under the existing asset-based revolving credit facility to finance the redemption and cover related fees [3] - The notes will be offered only to qualified institutional buyers and non-U.S. persons, and will not be registered under the Securities Act [4] Group 3: Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a range of products including modular office complexes, mobile offices, and portable storage containers [7] - The company operates approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments [7]

QUARTERLY INVESTOR PRESENTATION FOURTH QUARTER 2024 February 20, 2025 SAFE HARBOR Forward Looking Statements This presentation contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," "shall," "outlook," "guidance," ...

WillScot Holdings Corporation (NASDAQ:WSC) Q4 2024 Results Earnings Conference Call February 20, 2025 5:30 PM ET Company Participants Charlie Wohlhuter - Senior Director of Investor Relations Bradley Soultz - Chief Executive Officer Timothy Boswell - President and Chief Operating Officer Matthew Jacobsen - Executive Vice President and Chief Financial Officer Conference Call Participants Angel Castillo - Morgan Stanley Scott Schneeberger - Oppenheimer Tim Mulrooney - William Blair Sherif El-Sabbahy - Bank of ...

Core Insights - WillScot (WSC) reported revenue of $602.52 million for Q4 2024, a year-over-year decline of 1.6% [1] - The company's EPS for the same period was $0.49, an increase from $0.44 a year ago, indicating a positive earnings surprise of 4.26% compared to the consensus estimate of $0.47 [1] Revenue Breakdown - Leasing revenue was reported at $465.10 million, slightly below the estimated $466.62 million, reflecting a year-over-year decrease of 2.7% [4] - Sales revenue from rental units reached $20.03 million, significantly exceeding the estimated $14.31 million, marking a year-over-year increase of 43.4% [4] - Sales revenue from new units was reported at $21.77 million, slightly below the estimated $22.38 million, with a year-over-year increase of 18.9% [4] - Delivery and installation revenue was $95.61 million, below the estimated $100.35 million, representing a year-over-year decline of 6.5% [4] Stock Performance - Over the past month, WillScot's shares have returned -0.3%, contrasting with the Zacks S&P 500 composite's increase of 2.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]