debt
confidence high
sentiment neutral
materiality 0.30
Casella Waste prices $25M Vermont bond drawdown at 4.375%
CASELLA WASTE SYSTEMS INC
- Up to $25M principal of Series 2022A-2 bonds priced, expected close March 11, 2025.
- Fixed rate of 4.375% through May 31, 2032; final maturity June 1, 2052.
- Bonds are guaranteed by substantially all Casella subsidiaries via a guaranty.
- Proceeds will finance qualifying capital projects in Vermont and issuance costs.
- Drawdown of remaining Series 2022 capacity; initial $35M was loaned in June 2022.