Followers | 125 |
Posts | 17118 |
Boards Moderated | 0 |
Alias Born | 04/19/2006 |
Saturday, July 11, 2009 11:35:24 AM
RUTLAND, VT -- (Marketwire) -- 06/24/09 -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, announced today that it intends to offer $205 million aggregate principal amount of senior secured second lien notes due 2014 (the "Notes").
The net proceeds from the offering will be used to repay a portion of the borrowings under the company's existing senior secured credit facility.
The offering will be conditioned on the closing of a new senior secured first lien credit facility which will be used to refinance the balance of the borrowings under the company's existing senior secured credit facility.
The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these Notes, nor shall there be any sale of these Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
As previously described in the annual report on Form 10-K filed with the Securities and Exchange Commission on June 16, 2009, the company also noted that its independent registered public accounting firm's report on its financial statements as of April 30, 2009 expressed doubt about its ability to continue as a going concern. Following the closing of the offering of the Notes, the company will engage its independent registered accounting firm to re-audit its financial statements for the 2009 fiscal year. The company expects that the opinion on these re-audited financial statements will eliminate the explanatory paragraph about its ability to continue as a going concern.
Recent CWST News
- Casella Waste Systems, Inc. Announces First Quarter 2024 Results • GlobeNewswire Inc. • 04/25/2024 08:15:00 PM
- Casella Waste Systems, Inc. to Host Conference Call on Its First Quarter 2024 Results and to Present at an Upcoming Investor Event • GlobeNewswire Inc. • 04/08/2024 08:15:00 PM
- Gabelli Funds to Host 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024 • GlobeNewswire Inc. • 04/01/2024 07:16:36 PM
- Viridi Energy Acquires Maine Digester Facility for Industry-Leading Biosolids-to-RNG Project • Business Wire • 03/19/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:31:56 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 09:34:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 09:33:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 09:32:41 PM
- Casella Waste Systems, Inc. to Present at Upcoming Investor Conferences • GlobeNewswire Inc. • 02/27/2024 01:15:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/16/2024 09:37:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 09:36:41 PM
- Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Fiscal Year 2024 Guidance • GlobeNewswire Inc. • 02/15/2024 09:15:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 11:02:37 PM
- Casella Waste Systems, Inc. to Host Conference Call on Its Fourth Quarter 2023 Results • GlobeNewswire Inc. • 02/05/2024 09:15:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/26/2024 09:23:42 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/05/2024 01:39:08 PM
- Casella Waste Systems: Court Ruling Upholds Landfill Expansion • Dow Jones News • 12/29/2023 05:30:00 PM
- New Hampshire Supreme Court Decision Upholds Stage VI Permit Issuance • GlobeNewswire Inc. • 12/29/2023 04:42:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 09:26:38 PM
- Casella Waste Systems, Inc. Announces Diesel Technician Training Program • GlobeNewswire Inc. • 12/06/2023 09:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 09:09:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/08/2023 09:38:48 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/08/2023 09:37:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/02/2023 09:04:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2023 08:51:13 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM