Casella Waste Systems, Inc. Reveals Pricing for Remarketed Solid Waste Disposal Revenue Bonds from New York State Environmental Facilities Corporation

Remarketing of Bonds: Casella Waste Systems, Inc. has announced the remarketing of $37.5 million in Solid Waste Disposal Revenue Bonds, originally issued at $40 million, with a final maturity date set for September 1, 2050.

Redemption and New Interest Rate: On September 2, 2025, Casella plans to redeem $2.5 million of the bonds and remarket the remaining amount at a new interest rate of 4.250% per annum for a period ending on September 2, 2030.

Guaranty Agreement: The bonds are guaranteed by Casella's subsidiaries, ensuring that repayment is solely dependent on amounts received from Casella under the financing agreement, not constituting a general obligation of the State of New York.

Forward-Looking Statements: The announcement includes forward-looking statements regarding the remarketing process, highlighting potential risks and uncertainties that could affect the completion and terms of the bond transactions.