Casella Waste prices $35M NY environmental revenue bonds at 5.125% for 7-year fixed period

CASELLA WASTE SYSTEMS INC

Up to $35.0M aggregate principal of Series 2020R-2 bonds priced; final maturity September 1, 2050.
Interest rate fixed at 5.125% per annum for initial 7-year term.
Issuance expected to close August 24, 2023; proceeds to finance NY capital projects.
Bonds represent drawdown of remaining Series 2020 capacity (must occur by Sept 2, 2023).
Bonds secured by subsidiary guarantees; not obligations of NY State or issuer.

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