WSP Announces $1 Billion Senior Unsecured Notes Offering
MONTREAL, Jan. 20, 2026 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announced today that it has priced an offering (the “Offering”) of $500 million aggregate principal amount of 4.003% senior unsecured notes due January 22, 2032 (the “2032 Notes”) and $500 million aggregate principal amount of 4.586% senior unsecured notes due January 22, 2036 (the “2036 Notes”, and together with the 2032 Notes, the “Notes”).
WSP Global Inc., a leading engineering professional services consulting firm, has announced a private offering of senior unsecured notes totaling $1 billion. This offering is aimed at qualifying institutional buyers and is set to enhance WSP's financial position and support its strategic growth objectives.
The notes are expected to be issued in one tranche and will be priced at a competitive yield based on prevailing market conditions. WSP aims to use the net proceeds from this offering for general corporate purposes, which may include repaying existing debts, financing acquisitions, or bolstering working capital.
WSP has seen a robust demand for its services as it operates across various sectors, including infrastructure, environment, and energy. The issuance of these senior unsecured notes underscores WSP's commitment to maintaining a strong balance sheet while facilitating growth strategies through new projects and acquisitions.
Investment-grade ratings characterize WSP, which translates into favorable borrowing conditions. The management team anticipates that this offering will further strengthen the company’s financial framework, allowing WSP to navigate competitive landscapes effectively while capitalizing on emerging market opportunities.
WSP provides essential services that support sustainable practices and resilience in infrastructure. This move towards securing further financial flexibility through this private offering reflects WSP’s proactive approach to investor relations and funding strategies, ensuring they remain at the forefront of client needs and sector demands.