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Casella Waste Systems Announces Offering of Solid Waste Disposal Revenue Bonds

Casella Waste Systems, Inc., a regional waste management company, has announced an offering of up to $35.0 million in Solid Waste Disposal Revenue Bonds. The bonds will be issued by the New York State Environmental Facilities Corporation and will be guaranteed by Casella’s subsidiaries.

The purpose of the offering is to finance and reimburse Casella for certain capital projects in the state of New York. The exact terms and timing of the offering will depend on market conditions and other factors. There is no assurance that all approvals will be received or that the offering will be completed.

It is important to note that the bonds will not be a general obligation of the issuer or a debt of the State of New York. They will be payable solely from amounts received from Casella under a loan agreement and from the guarantors under a guaranty.

The bonds will be offered only to qualified institutional buyers and will not be registered under the Securities Act. Therefore, they may not be offered or sold in the United States without registration or an applicable exemption.

This announcement contains forward-looking statements that involve risks and uncertainties. Casella cannot guarantee that it will achieve the plans and expectations described in these statements. Investors should refer to the company’s filings with the Securities and Exchange Commission for more information.

Please note that the contact information provided in the original article has been removed.

The post Casella Waste Systems Announces Offering of Solid Waste Disposal Revenue Bonds appeared first on TS2 SPACE.



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Casella Waste Systems Announces Offering of Solid Waste Disposal Revenue Bonds

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