WillScot Mobile Mini (WSC) Newsfilter·2025-03-17 12:00Core 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 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].