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Published on 3/1/2011 in the Prospect News Bank Loan Daily.

Casella Waste repays some term B borrowings with asset sale proceeds

By Sara Rosenberg

New York, March 1 - Casella Waste Systems Inc. paid down its term loan B using net proceeds of about $12 million from the sale of non-integrated recycling facilities, according to a news release.

The paydown was made during the company's third fiscal quarter ended Jan. 31.

Casella is a Rutland, Vt.-based solid waste, recycling and resource management services company.


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