Moody's rates WCA Waste notes B2

Moody's Investors Service said it assigned a B2 rating to the proposed $150 million senior unsecured notes due 2014 of WCA Waste Corp. and upgraded the corporate family rating to B1 from B2.

The outlook is stable.

Concurrently, Moody's said it affirmed the company's liquidity rating of SGL-2.

Moody's said the upgrade acknowledges WCA Waste's continued strong relative performance in terms of organic volume and price increases in excess of industry trends and a favorable pricing environment across the industry.

For WCA Waste Systems, Inc., Moody's also withdrew the B2 rating on the existing $100 million guaranteed first-lien revolving credit facility due April 2010, withdrew the B2 rating on the existing $99 million guaranteed first-lien term loan due April 2011 and withdrew the Caa1 rating on $25 million guaranteed second-lien term loan due October 2011.

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