Covanta Holding Corporation, a Delaware corporation (NYSE:CVA), today announced the pricing of its underwritten registered public offering of $400 million aggregate principal amount of senior notes due 2030. Interest on the notes is payable semiannually on March 1 and September 1, beginning on March 1, 2021; the notes will mature on September 1, 2030. The notes will be issued at 100% of par value, with a coupon of 5.000%. The Note offering was made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on September 14, 2017. Closing of the Note Offering is expected to occur on August 25, 2020, subject to certain closing conditions.

About Covanta

Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta's modern Waste-to-Energy facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today's most complex environmental challenges.