Casella Waste Systems, Inc. Announces Pricing of Remarketed New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds

Core Viewpoint - Casella Waste Systems, Inc. has announced the pricing of the remarketing of $37.5 million of Solid Waste Disposal Revenue Bonds, with a new interest rate of 4.250% per annum starting September 2, 2025 [1][2]. Group 1: Bond Details - The original aggregate principal amount of the Bonds was $40.0 million, with a final maturity date of September 1, 2050 [1]. - Casella plans to redeem $2.5 million of the Bonds on September 2, 2025, using cash on hand [1]. - The remarketing of the remaining $37.5 million will occur on September 2, 2025, with a new interest rate period ending on September 2, 2030 [1]. Group 2: Guarantee and Obligations - The Bonds and Remarketed Bonds are guaranteed by all or substantially all of Casella's subsidiaries, as per the Guaranty Agreement [2]. - These Bonds do not constitute a general obligation of the Issuer and are payable solely from amounts received from Casella and the Guarantors [2]. Group 3: Regulatory Information - The Remarketed Bonds are being offered only to qualified institutional buyers and have not been registered under the Securities Act [3]. - This press release does not constitute an offer to sell or solicit an offer to buy the Remarketed Bonds in jurisdictions where such actions would be unlawful [3].