debt
confidence high
sentiment neutral
materiality 0.40
Casella Waste Systems prices $45M Maine revenue bonds at 4.625% due 2047
CASELLA WASTE SYSTEMS INC
- Priced $45.0M aggregate principal of Finance Authority of Maine Solid Waste Disposal Revenue Bonds (Series 2024).
- Interest rate fixed at 4.625% through June 1, 2035, with final maturity December 1, 2047.
- Proceeds to refinance Series 2005 bonds (maturing Jan 1, 2025) and fund qualifying capital projects in Maine.
- Bonds guaranteed by substantially all subsidiaries; expected closing on December 23, 2024.