Casella to price public offering of 10 million class A common shares

BofA, J.P. Morgan are bookrunners; deal finances corporate purposes

By Devika Patel

Knoxville, Tenn., Sept. 24 - Casella Waste Systems, Inc. will price a public offering of 10 million class A common shares with a 30-day greenshoe option of 1.5 million additional shares, according to a preliminary prospectus supplement filed Monday with the Securities and Exchange Commission.

Bank of America Merrill Lynch and J.P. Morgan are the joint bookrunning managers. KeyBanc Capital Markets, Raymond James and Wunderlich Securities are the co-managers.

Proceeds will be used for general corporate purposes.

Casella is a solid waste and resource management company based in Rutland, Vt.

© 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.