Casella completes new $350 million revolver

New York, April 29 - Casella Waste Systems, Inc. said it closed on a $350 million revolving credit facility.

Initial borrowings were used to repay all the outstanding debt on the company's existing credit facility.

The Rutland, Vt.-based trash hauler and recycler said the new facility will lower its borrowing costs by 75 basis points.

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