Casella waste systems, inc. introduces sustainability-linked credit facility

Rutland, vt., feb. 10, 2023 (globe newswire) -- casella waste systems, inc. (nasdaq: cwst), a regional solid waste, recycling, and resource management services company, today announced an amendment to its existing $650 million credit facility that links borrowing costs to progress in achieving certain annual sustainability goals. the company also announced an amendment to its credit facility associated with the early adoption of term sofr as its reference rate, replacing libor in advance of its anticipated cessation later this year.
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