Group 1 - Commercial Metals Company (NYSE: CMC) is positioned to benefit from substantial tailwinds due to infrastructure investments in highway construction, data center buildouts, LNG terminal builds, and increased defense spending in Europe [1] - The efficiency gains from the company's TAG initiative are contributing positively to its operational performance [1]

Company Overview - Commercial Metals Company (CMC) is an innovative solutions provider focused on building a stronger, safer, and more sustainable world [3] - The company operates an extensive manufacturing network primarily located in the United States and Central Europe [3] - CMC offers products and technologies that meet the critical reinforcement needs of the global construction sector [3] Upcoming Events - CMC will host a conference call on June 23, 2025, at 11:00 a.m. Eastern Time to discuss its third quarter earnings for fiscal 2025 [1] - The call will feature Peter Matt, President and CEO, and Paul Lawrence, Senior Vice President and CFO [1] - The teleconference will be available via webcast for listen-only access on CMC's website [2]

Group 1 - The thesis focuses on Commercial Metals Company (NYSE: CMC) and follows a previous analysis on Steel Dynamics, Inc. (STLD), indicating a broader discussion on the basic materials sector [1] - The author, Joseph Noko, has a strong track record with +70% annualized portfolio returns since 2024 and 74.5% accuracy in decade-ahead S&P 500 forecasting, showcasing expertise in financial modeling and equity research [1] - The work includes actionable buy/sell recommendations and is aimed at buy-side analysts, portfolio managers, and industry leaders, indicating a professional approach to investment analysis [1] Group 2 - The article does not contain any stock, option, or derivative positions in the companies mentioned, nor does it plan to initiate any such positions within the next 72 hours, emphasizing an unbiased perspective [2] - The content expresses the author's own opinions and is not influenced by compensation from any company, reinforcing the independence of the analysis [2] - The article does not provide recommendations or advice on investment suitability, highlighting the importance of individual investor discretion [3]

Core Viewpoint - Cielo Waste Solutions Corp. is set to settle an aggregate debt amount of $1,797,195 through the issuance of securities, pending approval from the TSX Venture Exchange [1] Group 1: Debt Settlement Details - The company plans to issue 35,943,847 units at a price of $0.05 per unit to settle $1,671,656.67 of the aggregate debt amount, with each unit consisting of one common share and one warrant [3] - The remaining balance of $125,535.79 will be settled with an insider through the issuance of 2,510,715 common shares at the same price of $0.05 per share, with no warrants issued to the insider [4] - Both the units for debt transactions and the shares for debt transaction are subject to approval from the Exchange, and upon approval, will have a hold period of four months [6] Group 2: Related Party Transaction - The transaction with the insider is classified as a "related party transaction" under Multilateral Instrument 61-101, and the company will rely on exemptions from certain requirements as the fair market value does not exceed 25% of the company's market capitalization [5] Group 3: Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into high-value products, aiming to address global waste challenges and contribute to the circular economy while reducing carbon emissions [9]

Group 1 - Commercial Metals Company (CMC) has completed the sale of $150.0 million in Solid Waste Disposal Facilities Revenue Bonds, which will be used to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia [1][2] - The Bonds will have an interest rate of 4.625% per annum and are set to mature in 2055, with CMC responsible for the debt service and repayment of the principal [2] Group 2 - CMC is positioned as an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications, including infrastructure and energy generation [4]

Core Viewpoint - Cielo Waste Solutions Corp. is committed to a forward-focused strategy that enhances its core mission of providing effective waste solutions while achieving long-term growth objectives [2][4]. Group 1: Company Strategy - Cielo aims to match waste products with compatible technologies to reduce environmental impact and maintain profitability, adopting a technology-agnostic approach [2]. - The company plans to invest in proven technologies through trusted vendor-customer relationships, which will help mitigate risks and reduce timelines [2]. - Cielo's first proposed project involves developing a waste-to-hydrogen facility in British Columbia, focusing on converting scrap railway ties into usable energy [3]. Group 2: Financial Initiatives - Cielo will not proceed with previously disclosed shares for debt transactions but remains committed to completing such transactions under revised terms [4]. - The company intends to undertake a private placement offering of securities, with details to be announced shortly [4]. Group 3: Company Overview - Cielo Waste Solutions Corp. is focused on transforming waste materials into high-value products, contributing to the circular economy and reducing carbon emissions [5]. - The company is publicly traded on the TSX Venture Exchange under the symbol "CMC" and on the OTC Pink Market under "CWSFF" [5].

Core Viewpoint - Commercial Metals Company (CMC) announced the pricing of $150 million in Solid Waste Disposal Facility Revenue Bonds to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia, with an interest rate of 4.625% and a maturity date in 2055 [1]. Group 1: Bond Details - The Bonds will be issued through the West Virginia Economic Development Authority (WVEDA) and sold at 100% of the principal amount, providing proceeds of $150 million [1]. - The initial Term Rate Period for the Bonds ends with a mandatory tender for purchase on May 15, 2032 [1]. - The Bonds will not be registered under the Securities Act of 1933 and may not be offered or sold within the U.S. without registration or an applicable exemption [2]. Group 2: Company Overview - CMC is described as an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [4]. - The company operates an extensive manufacturing network located mainly in the United States and Central Europe, offering products and technologies for various construction applications [4].

Core Viewpoint - Cielo Waste Solutions Corp. has reached a Settlement Agreement with Expander Energy Inc. and related parties, which includes the unwinding of certain transactions and the scheduling of its annual general and special meeting for June 24, 2025 [1][2]. Settlement Agreement - The Settlement Agreement aims to unwind previously disclosed transactions between Cielo and the Settlement Parties, effective June 13, 2025, subject to closing conditions [2]. - Approximately 40 million to 60 million common shares will be surrendered by the Settlement Parties for cancellation, representing 30% to 47% of the issued and outstanding shares [7]. - All agreements between Cielo and the Settlement Parties, including a License Agreement and several Service Agreements, will be terminated [7]. - Expander has withdrawn its requisition for a shareholder meeting, and the Settlement Parties have agreed to an 18-month standstill regarding proxy solicitation and voting [7]. - Cielo will pay C$748,208.79 to the Settlement Parties in full satisfaction of outstanding fees [7]. Shareholder Meeting - The annual general and special meeting, originally set for June 10, 2025, will now take place on June 24, 2025, where incumbent directors will be nominated for re-election [4].

Core Viewpoint - Commercial Metals Company (CMC) is initiating a proposed tax-exempt bond financing of $150.0 million to fund the acquisition and construction of solid waste disposal facilities in Berkeley County, West Virginia, with an expected total investment of $550.0 million to $600.0 million, net of government assistance [1]. Group 1: Financing Details - The West Virginia Economic Development Authority (WVEDA) has authorized the issuance of Solid Waste Disposal Facility Revenue Bonds, Series 2025, to finance the project [1]. - The proceeds from the bond sale will be loaned to CMC under a loan agreement, with CMC's obligations being senior unsecured obligations [1]. - The project is expected to qualify for a net tax credit of approximately $80.0 million under the Inflation Reduction Act [1]. Group 2: Company Overview - CMC is positioned as an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [4]. - The company operates an extensive manufacturing network in the United States and Central Europe, offering products and technologies for various construction applications [4].

Core Viewpoint - Cielo Waste Solutions Corp. is undergoing strategic changes, including relocating its waste-to-fuel facility and shifting focus from renewable diesel to green hydrogen, while also addressing a dispute with Expander Energy Inc. [4][7][8] Corporate Update - A corporate update webinar is scheduled for April 17, 2025, to discuss strategic initiatives and future outlook [2][3] - The webinar will be led by CEO Ryan C. Jackson and CFO Jasdeep K. B. Dhaliwal [2] Corporate Strategy - Cielo plans to relocate its first commercial waste-to-fuel facility from Carseland, Alberta to British Columbia [4] - The company is transitioning its fuel production focus from renewable diesel to green hydrogen to align with market demand [4] - Cielo is exploring funding opportunities through the British Columbia Low Carbon Fuel Standard credit program [4] Project Development - Cielo is in advanced discussions with a technology provider for a project in British Columbia that will use scrap railway ties to produce green hydrogen [5] - The company has identified two additional projects for development in the United States [5] Environmental Commitment - Cielo aims to provide solutions for processing waste into useful products, including green hydrogen and renewable natural gas [6] - The company is committed to innovation and environmental sustainability for short-term success and long-term profitable growth [6] Dispute Resolution - Cielo has initiated a dispute resolution process with Expander Energy Inc. due to disagreements over various agreements [7] - On April 11, 2025, Cielo received termination notices from Expander regarding the License Agreement and Management Services Agreement [8] - The company is reviewing the termination notices and statements of claim from Expander to protect shareholder interests [8][9]