debt
confidence high
sentiment neutral
materiality 0.30
Casella Waste Systems prices remarketing of $37.5M bonds; $2.5M redemption
CASELLA WASTE SYSTEMS INC
- Casella remarketed $37.5M of NY State Environmental Facilities Corp. Solid Waste Disposal Revenue Bonds at 4.250% per annum for a five-year period ending September 2, 2030.
- The company will redeem $2.5M of the original $40M bond principal with cash on hand on September 2, 2025.
- The remarketed bonds are guaranteed by substantially all of Casella's subsidiaries and mature September 1, 2050.
- The remarketing and redemption are scheduled to become effective on September 2, 2025.
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