Casella Waste Systems, Inc. announced the pricing of $37.5 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds.
The Bonds have a final maturity of September 1, 2050, with $2.5 million expected to be redeemed on September 2, 2025.
The remaining $37.5 million of Bonds will be remarketed on September 2, 2025 at a new interest rate of 4.250% per annum.
Bond Remarketing
Casella Waste Systems, Inc. is remarketing $37.5 million aggregate principal amount of Bonds.
Interest Rate
The new interest rate for the remarketed Bonds is 4.250% per annum.
Maturity Date
The Bonds have a final maturity date of September 1, 2050.
- The remarketing and redemption of the Bonds are expected to become effective on September 2, 2025.
- The Bonds and the Remarketed Bonds are not a general obligation of the Issuer, nor do they constitute a debt of the State of New York.
Casella Waste Systems' successful remarketing of Bonds showcases investor confidence in the company's financial stability and growth prospects.