WillScot Announces Pricing of Senior Secured Notes Offering

Core Viewpoint - WillScot Holdings Corporation announced a private offering of $500 million in senior secured notes with a 6.625$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].