Casella Waste Systems Reports Results of Early Tender Offer; $107.3M Notes Had Been Tendered
Casella Waste Systems, Inc. (NASDAQ: CWST) (the "Company"), a vertically-integrated solid waste, recycling and resource management services company, announced today the early results of its previously announced cash tender offer and consent solicitation (the "Offer") with respect to the 11% Senior Second Lien Notes due 2014 (CUSIP Number 147448AD6) (the "Notes") of the Company. As of 5:00 p.m., New York City time, on October 5, 2012 (the "Early Tender Date"), $107,318,000 of the principal amount of the Notes had been validly tendered and not withdrawn, which represented approximately 59.6% of the outstanding aggregate principal amount of the Notes. Today (the "Initial Acceptance Date"), the Company accepted for purchase and made payment for (the "Initial Payment") all of the Notes that were validly tendered at or prior to the Early Tender Date.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.