Casella Waste Systems,
Inc. CWST, a regional solid waste, recycling and resource
management services company, announced today an offering of up to
$5,500,000 principal amount of Business Finance Authority of the
State of New Hampshire ("BFA") Solid Waste Disposal Revenue Bonds
(Casella Waste Systems, Inc. Project), Series 2013 (the "Bonds") due
April 1, 2029, under an indenture between BFA and the Bond trustee.
An additional $5,500,000 aggregate principal amount of Bonds may be
offered under the same indenture in the future. The net proceeds of
the Bonds will be loaned to Casella to enable it to repay borrowings
under its revolving credit facility for assets purchased in New
Hampshire since October 5, 2011. A letter of credit payable to the
Bond trustee may be drawn on to pay the principal, purchase price and
interest due on the Bonds.
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