Casella Waste Systems Files 8-K

TL;DR

Casella Waste Systems filed an 8-K on Aug 18, 2025, reporting standard corporate info. No major news.

AI Summary

Casella Waste Systems, Inc. filed an 8-K on August 18, 2025, reporting other events and financial statements. The filing details the company's principal executive offices located at 25 Greens Hill Lane, Rutland, Vermont, 05701, and its telephone number as (802) 775-0325. No specific financial transactions or material events were detailed in the provided excerpt.

Why It Matters

This 8-K filing serves as an official record of corporate events and financial information for Casella Waste Systems, Inc., providing transparency to investors and the public.

Risk Assessment

Risk Level: low — The filing is a routine 8-K with no immediate indication of significant financial risk or operational changes.

Key Players & Entities

• Casella Waste Systems, Inc. (company) — Registrant
• August 18, 2025 (date) — Date of earliest event reported
• 25 Greens Hill Lane, Rutland, Vermont 05701 (location) — Address of principal executive offices
• 802-775-0325 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — which registered Class A common stock, $0.01 par value per share CWST The Nasdaq Sto
• $37.5 million — hat it has commenced the remarketing of $37.5 million aggregate principal amount of New York
• $40.0 million — 2020 in the stated principal amount of $40.0 million (collectively, the "Bonds"). It is expe
• $2.5 million — vely, the "Bonds"). It is expected that $2.5 million of the aggregate principal amount of Bo
• $1,157.5 million — ny and the Guarantors had approximately $1,157.5 million of aggregate outstanding indebtedness u
• $800.0 million — er the following debt arrangements: (a) $800.0 million of term loans under the Company's senio
• $277.0 million — y's senior secured credit facility, (b) $277.0 million aggregate principal amount of tax-exemp
• $80.5 million — ny's revolving credit facility; and (d) $80.5 million of additional indebtedness outstanding,
• $515.0 million — ve agreements in the notional amount of $515.0 million with expiration dates ranging from Febr
• $673.7 million — 30, 2025, the Company had approximately $673.7 million of unused commitments under the revolvi
• $26.3 million — ject to customary borrowing conditions, $26.3 million in outstanding letters of credit issued
• $217.8 million — nder the revolving credit facility, and $217.8 million in cash and cash equivalents, and restr

Filing Documents

• cwst-20250818.htm (8-K) — 44KB
• cwst-ex991081825.htm (EX-99.1) — 10KB
• 0000911177-25-000115.txt ( ) — 173KB
• cwst-20250818.xsd (EX-101.SCH) — 2KB
• cwst-20250818_lab.xml (EX-101.LAB) — 21KB
• cwst-20250818_pre.xml (EX-101.PRE) — 12KB
• cwst-20250818_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On August 18, 2025, Casella Waste Systems, Inc. (the "Company") announced that it has commenced the remarketing of $37.5 million aggregate principal amount of New York State Environmental Facilities Corporation (the "Issuer") Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2020R-1 issued on September 1, 2020 in the stated principal amount of $40.0 million (collectively, the "Bonds"). It is expected that $2.5 million of the aggregate principal amount of Bonds will be redeemed by the Company on September 2, 2025, and the remaining $37.5 million of the aggregate principal amount of Bonds (the "Remarketed Bonds") will be remarketed on such date. The Bonds have a final maturity of September 1, 2050. Pursuant to the indenture under which the Bonds were offered (the "Indenture"), the interest rate period under which the Bonds were previously issued is expiring on September 1, 2025, and accordingly, the Company expects that the Bonds will be subject to mandatory tender and will be remarketed on September 2, 2025 at a new interest rate for a new interest rate period commencing on September 2, 2025. The Bonds have been guaranteed by all or substantially all of the Company's subsidiaries (the "Guarantors"), as required pursuant to the terms of the loan agreement pursuant to which the Issuer loaned the proceeds of the Bonds to the Company. The Bonds are not a general obligation of the Issuer and do not constitute an indebtedness of or a charge against the general credit of the Issuer. The Bonds are not a debt of the State of New York and are payable solely from amounts received from the Company under the terms of the Indenture. The remarketing and redemption is expected to become effective on September 2, 2025. As of June 30, 2025, the Company and the Guarantors had approximately $1,157.5 million of aggregate outstanding indebtedness under the following debt arrangements: (a) $800.0 million of term loans under the Compa

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 2 EXHIBIT INDEX Exhibit No. Exhibit Description 99.1 Press Release of Casella Waste Systems, Inc. dated August 18, 2025, relating to the remarketing of the Bonds. 101.SCH Inline XBRL Taxonomy Extension Schema Document.** 101.LAB Inline XBRL Taxonomy Label Linkbase Document.** 101.PRE Inline XBRL Taxonomy Presentation Linkbase Document.** 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101). ** Submitted Electronically Herewith.

Forward-Looking Statements

Forward-Looking Statements Certain matters discussed in this Current Report on Form 8-K, including, among others, the statements regarding the remarketing of the Remarketed Bonds, are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as "believe," "expect," "anticipate," "plan," "may," "will," "would," "intend," "estimate," "guidance" and other similar expressions, whether in the negative or affirmative. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which the Company operates and management's beliefs and assumptions. The Company cannot guarantee that the remarketing or redemption of the Bonds will be completed, that the Bond proceeds will be available or applied as expected, or that it will achieve the plans, intentions, expectations or guidance disclosed in the forward-looking statements made. Such forward-looking statements involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in the Company's forward-looking statements. Such risks and uncertainties include or relate to, among other things: market conditions and the Company's ability to consummate the remarketing of the Remarketed Bonds, the receipt of all necessary consents and the satisfaction of all other closing conditions with respect to the remarketing of the Remarketed Bonds, as well as additional risks and uncertainties detailed in Item 1A, "Risk Factors" in the Company's Form 10-K for the fiscal year ended December 31, 2024 and in other filings that the Company periodically makes with the Securities and Exchange Commission. There can be no assurance that the Company will be able to complete the remarketing

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