Casella Waste Systems Prices Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds

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Casella Waste Systems, Inc.
CWST
, a regional solid waste, recycling and resource management services company, announced today that it has priced the previously announced offering of up to $16,000,000 principal amount of Vermont Economic Development Authority ("VEDA") Solid Waste Disposal Long-Term Revenue Bonds (Casella Waste Systems, Inc. Project), Series 2013 (the "Bonds"). During the initial five year term interest rate period, the interest rate of the Bonds will be 4.75%. The Bonds will mature on April 1, 2036 and will be guaranteed by certain subsidiaries of Casella, pursuant to the terms of the Bond indenture. The issuance of the Bonds is expected to close on April 4, 2013. The proceeds of the Bonds will be loaned to Casella to enable it to repay borrowings under its revolving credit facility for assets purchased in Vermont since October 5, 2011.
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