Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Casella Waste Systems Inc. > News item |
Casella plans to borrow from credit facility to fund notes redemption
By Marisa Wong
Morgantown, W.Va., May 24 – Casella Waste Systems, Inc. intends to use borrowings under its senior credit facility to fund a redemption of senior subordinated notes, according to an 8-K filing with the Securities and Exchange Commission.
The company plans to call $12.5 million of its 7¾% notes at 101.938 plus accrued interest.
The company plans to issue a notice of redemption by May 30, with the redemption date to be before June 30.
Casella is a Rutland, Vt.-based regional solid waste, recycling and resource management services company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.