Casella Wast Systems, Inc. On providing waste disposal bonds in Vermont – Casella (Nasdaq: CWST)

Rutland, VT. February 28, 2025 (Globe Newswire) – CASELLA WASTE SYSTEMS, Inc. (“” “Cassela“)) CWSTToday, a total company for recycling, recycling and resource management services announced that up to $ 25.0 million in the total amount of the Economic Development Authority, Vermont (“Source)) Solid waste disposal bonds (Casella Wast Systems, Inc.) 2022A-2 (TheBonds() Under the supervision of the source and the secretary of the bonds, on June 1, 2022 (Indeture) The bonds are clouds (which is no longer available to the company if it does not happen by June 1, 2025) from the remaining period of the series of solid waste disposal revenues at the Fairmont Economic Development Authority, which was loan in an amount of $ 35.0 million for the company in June 2022.Guarantee() By or to a large extent, all Casella companies (“Guarantors), As required by the terms of the loan agreement, dated from June 1, 2022, between the source and Casella (“Loan Convention), Action, which will lend the source bond returns to Casella.
The fine conditions and the timing of bonds depend on market conditions and other factors. There can be no guarantee that all approvals regarding bonds will be received, and that all other conditions for the issuance of bonds are met or the offer is completed.
The bonds will not be a general commitment to the source and will not constitute debt or fees for public credit of the source. The bonds will not serve as debts from the state of Vermont or any political division of the Fairmont State, and will be paid only from any revenue for renewing marketing activity and the amounts received from Casella under the terms of the loan agreement and guarantors under the guarantee.
The bonds will only be presented to the qualified institutional buyers as determined in Article 144A under the Securities Law of 1933, in its amended form (“Securities Law“).
The bonds have not been registered and will not be registered under the Securities Law, and they may not be submitted or sold in the United States in the absence of registration or exemption in force from registration requirements for the Securities Law and the laws of securities in force.
This press statement will not constitute an offer for sale or request for an offer to purchase bonds, and there should not be any sale of bonds in any judicial state in which this offer, petition or sale is illegal before registration or rehabilitation under the laws of securities for any such. This notice is issued according to the 135C rule and according to the Securities Law.
A safe port statement
Some of the issues discussed in this press statement, including, among other matters, data related to providing Casella’s links and expectations regarding the use of bond returns, are “aspiration data” aimed at qualifying for safe ports from the responsibility set by the Judicial Reform Law for the Special paper. And other similar expressions, whether in negativity or positive. This aspiration data is based on current expectations and estimates and expectations about industry and markets in which Casella operates beliefs and assumptions of management. The directives that have been revealed in the aspiration -made data. Other closing conditions regarding the provision of bonds, in addition to the risks of additional and additional number in the period from December, December 31, 2024, in December 31, Valsalqat, in December 31, the platforms. Makes with the Securities and Stock Exchange Committee. There can be no guarantee that Casella will be able to complete the display of bonds according to the expected conditions, or at all. CASELLA does not undertake any commitment to update any outlook publicly, whether as a result of new information, future events, or otherwise, except for what is required under the law.
Investors:
Jason Meed
First Vice President for Finance and Industrial Secretary
(802) 772-2293
Media:
Jeff Wilde
Vice President of Communications
(802) 772-2234
http://www.casella.com
Market news and data brought to you benzinga Apis
© 2025 benzinga.com. Benzinga does not provide investment advice. All rights reserved.