02:27 PM EST, 03/06/2025 (MT Newswires) -- Casella Waste Systems ( CWST ) said Thursday it has priced an offering of $25 million of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds series 2022A-2.

The offering represent the remainder of the series 2022 bonds of which the initial proceeds of 35 million were loaned to the company in June 2022.

The bonds bear an initial fixed interest rate of 4.375% ending on May 31, 2032. They will be guaranteed by substantially all of Casella's subsidiaries. The bonds will mature on June 1, 2052.

The offering is expected to close by next Tuesday.

Casella intends to use the proceeds to finance or reimburse certain costs of qualifying capital projects in Vermont.

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