secwatch.observer — SEC 8-K summary
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Issuer:     CASELLA WASTE SYSTEMS INC (CWST)
CIK:        0000911177
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001193125-24-228456
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Casella Waste closes $1.5B amended credit facility, replacing prior $1.08B facility
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- New $1.5B facility includes $800M term loan A and $700M revolver ($155M LC sublimit), matures Sept 27, 2029.
- Revolving credit facility was undrawn at closing; provides liquidity for acquisition strategy and general corporate purposes.
- SOFR-based borrowings priced at 1.300%-2.175% margin based on consolidated net leverage ratio, with sustainability incentive adjustments.
- Proceeds used to refinance prior $1.08B credit facility term loans; remaining capacity available for working capital and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911177/000119312524228456/0001193125-24-228456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911177/000119312524228456/d823888d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-228456

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