Casella Waste Offering Bonds in New Hampshire to Pay Debt

Allan Gerlat, News Editor

March 26, 2013

1 Min Read
Casella Waste Offering Bonds in New Hampshire to Pay Debt

Casella Waste Systems Inc. is making an offering of up to $5.5 million in solid waste disposal revenue bonds to help it pay debt.

The Rutland, Vt.-based Casella Waste said in a news release an offering of an additional $5.5 million might be offered in the future. The offering is regarding Business Finance Authority of the state of New Hampshire Solid Waste Disposal Revenue Bonds, Series 2013, due April 1, 2029.

Casella said the proceeds from the sale will be used to repay borrowings for assets purchased in New Hampshire since October 5, 2011. 

Earlier this month Casella made an offering of up to $16 million of Vermont Economic Development Authority Solid Waste Disposal Long-Term Revenue Bonds, Series 2013. Similarly, Casella said it is using the proceeds from those sales to repay debt from assets purchased in Vermont since October 5, 2011.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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