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 – April 2, 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 and reoffering of the Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds (Waste Pro USA, Inc. Project), Series 2023 (the “Bonds”) in aggregate principal amount of $120.0 million.
The Bonds, which bear a 4.50% coupon for an approximately six-year fixed term interest rate period, will mature on July 1, 2032 and are guaranteed by certain subsidiaries of Waste Pro, pursuant to the terms of the indenture relating to the Bonds.
“Waste Pro’s continued access to the capital markets is a testament to our disciplined growth and the hard work of our dedicated team members,” said Sean Jennings, Chief Executive Officer of Waste Pro. “As a privately-owned company, our stable platform allows us to look past temporary market fluctuations and confidently finance essential solid waste infrastructure across our southeastern footprint.”
“Tax-exempt financings continue to serve as a cornerstone of Waste Pro’s capital structure, and optimizing our balance sheet with long-term debt remains a priority,” stated Cort Sabina, Chief Financial Officer of Waste Pro. “Executing a successful $120.0 million reoffering in such a dynamic market environment speaks to the strength of our underlying business and the trust we have built with both new and existing institutional investors.”
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.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Bonds, nor shall there be any sale of the Bonds in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
Acerca de Waste Pro USA, Inc.
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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