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Casella Waste plans debt offering, may sell add-on to 7¾% notes
New York, Dec. 8 – Casella Waste Systems, Inc. said it has made a filing with the Securities and Exchange Commission so that it can offer publicly registered debt.
The financing may take the form of an add-on to the company’s existing 7¾% senior subordinated notes due 2019, according to an 8-K filing with the Securities and Exchange Commission.
In order to allow it to sell debt securities, Casella said it had filed a shelf registration statement for up to $250 million of debt, class A common stock, preferred stock, depositary shares, purchase contracts, purchase units and warrants.
Casella is a Rutland, Vt.-based provider of solid waste, recycling and resource management services.
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