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Casella Waste Systems Closes $1.5 Billion Credit Agreement
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Casella Waste Systems Closes $1.5 Billion Credit Agreement
Oct 2, 2024 11:33 PM

10:21 AM EDT, 09/30/2024 (MT Newswires) -- Casella Waste Systems ( CWST ) said Monday it closed a $1.5 billion amended and restated credit agreement with Bank of America ( BAC ) .

The agreement includes an $800 million term loan facility and a $700 million revolving credit facility with a $155 million sublimit for letters of credit, according to Casella.

The company said the credit facility will mature on Sept. 27, 2029, and it replaces a prior $1.08 billion credit facility.

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