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Casella Waste Systems, Inc. Announces Offering of the Finance Authority of Maine Solid Waste Disposal Revenue Bonds [Yahoo! Finance]

Casella Waste Systems, Inc. - Class A (CWST) 
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.casella.com
Company Research Source: Yahoo! Finance
resource management services company, today announced an offering of up to $45.0 million aggregate principal amount of the Finance Authority of Maine (the “ Authority ”) Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2024 (the “ Bonds ”) under an indenture between the Authority and the bond trustee. The Bonds will be guaranteed under a guaranty (the “ Guaranty ”) by substantially all of Casella's subsidiaries (the “ Guarantors ”), as required by the terms of the financing agreement between the Authority and Casella (the “ Financing Agreement ”), pursuant to which the Authority will loan the proceeds of the Bonds to Casella. Casella intends to use the proceeds of the Bonds to fund the costs of certain qualifying capital projects in the State of Maine, to pay certain costs of issuance, and to refinance and repay in full on the stated maturity date of January 1, 2025 (required to be paid on January 2, 2025 under the applicable indenture) the Authority's Show less Read more
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