Casella waste systems, inc. announces pricing of $25.0 million of remarketed new york state environmental facilities corporation solid waste disposal revenue bonds (casella waste systems, inc.

Rutland, vt., nov. 21, 2019 (globe newswire) -- casella waste systems, inc. (“casella”) (nasdaq: cwst), a regional solid waste, recycling and resource management services company, has priced the previously announced remarketing of $25.0 million aggregate principal amount of new york state environmental facilities corporation (the “issuer”) solid waste disposal revenue bonds (casella waste systems, inc. project) series 2014 (the “bonds”).  the bonds were originally issued on december 18, 2014 as draw-down bonds and have a final maturity date of december 1, 2044.  pursuant to the indenture under which the bonds were issued, the interest rate period under which the bonds were previously issued is expiring on december 1, 2019, and accordingly, the bonds will be remarketed on december 2, 2019 at the new interest rate of 2.875% per annum for the new interest rate period ending on december 2, 2029.
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