Para publicación inmediata
Contacto de prensa: Tracy Meehan
Director de Comunicaciones
(407) 883-3791
Inversores: Ryan LeBeau
Vicepresidente de Finanzas
(407) 937-2675
Longwood, Florida – July 1, 2026 – Waste Pro USA, Inc. (“Waste Pro”), a regional privately-held provider of non-hazardous waste collection, transfer, recycling and disposal services, announced today that it has completed the sale of $150,000,000 Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds (Waste Pro USA, Inc. Project), Series 2026 (the “Bonds”).
During the initial five-year term interest rate period, the interest rate on the Bonds will be 4.35% with a maturity of April 1, 2037. The Bonds are guaranteed by certain subsidiaries of Waste Pro pursuant to a guaranty agreement and as described in the indenture relating to the Bonds.
“This year marks our 25El anniversary. My father, John Jennings, founded Waste Pro in 2001 with a single truck and a commitment to do right by our customers, employees, and communities,” said Sean Jennings, Chief Executive Officer of Waste Pro. “From that single truck to a fleet of more than 4,300 vehicles and over 5,500 employees across ten states, we have always built for the long term, with our sights set firmly on the next 100 years.”
“Since completing our first tax-exempt financing in August 2017, Waste Pro has grown its tax-exempt debt portfolio from zero to approximately $736.7 million in under nine years,” said Cort Sabina, Chief Financial Officer of Waste Pro. “The Bonds were significantly oversubscribed, with broad support from both new and existing institutional investors. Optimizing our balance sheet toward long-term, fixed-rate debt remains a priority, and these tax-exempt financings have become a cornerstone of our capital structure.”
Barclays Capital Inc. served as senior manager and sole bookrunner, with BofA Securities, Inc. and J.P. Morgan Securities LLC serving as co-managers, for the Bonds. CTBH Partners LLC served as financial advisor to Waste Pro. Greenberg Traurig served as counsel to Waste Pro.
The Bonds were offered only to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Bonds have not been and are not required to be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.
Este comunicado de prensa no constituirá una oferta de venta ni una solicitud de oferta de compra de los Bonos, ni habrá ninguna venta de los Bonos en ninguna jurisdicción en la que dicha oferta, solicitud o venta sea ilegal antes del registro o calificación según las leyes de valores de dicha jurisdicción.
Acerca de Waste Pro USA, Inc.
Waste Pro USA, Inc. is one of the country’s fastest-growing privately owned non-hazardous solid waste collection, recycling, processing and disposal companies, operating in ten southeastern states. Waste Pro serves more than 2.5 million residential and 50,000 commercial customers from 130 operating locations. Waste Pro is headquartered in Longwood, Florida, and maintains nearly 300 exclusive municipal contracts and franchises.
Declaración de puerto seguro
Ciertas cuestiones analizadas en este comunicado de prensa son “declaraciones prospectivas” destinadas a calificar para las salvaguardas de responsabilidad establecidas por la Ley de Reforma de Litigios sobre Valores Privados de 1995. Estas declaraciones prospectivas generalmente se pueden identificar como tales por el contexto de las declaraciones, incluidas palabras como Waste Pro “hará”, “intenta” y otras expresiones similares. Entre las declaraciones prospectivas en este comunicado de prensa se encuentran declaraciones relacionadas con la oferta y venta de los Bonos. Todas estas declaraciones prospectivas se basan en expectativas y estimaciones actuales y en las creencias y suposiciones de la gerencia. Waste Pro renuncia expresamente a cualquier obligación de actualizar dichas declaraciones para reflejar cualquier cambio en sus expectativas, ya sea como resultado de nueva información, eventos futuros o de otro modo, excepto según sea necesario.
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