WillScot Mobile Mini Holdings Corp. announced the pricing of the private offering of $500 million aggregate principal amount of 7.375% senior secured notes due 2031 (the ?Notes?) by its indirect subsidiary Williams Scotsman Inc. (?WSI?). The Notes were priced at 100% of their face value.
The closing of the offering of the Notes is expected to occur on or about September 25, 2023, subject to customary closing conditions. WSI intends to use the net proceeds of the offering to repay approximately $494 million of outstanding indebtedness under its existing ABL credit facility and to pay related fees and expenses.