Allan Gerlat, News Editor

September 24, 2012

1 Min Read
Casella Waste Making Cash Tender Offer

Casella Waste Systems Inc. is making a cash tender offer for all 11 percent senior second lien notes due in 2014.

The Rutland, Vt.-based waste and recycling company said in a news release that the offer and consent solicitation will expire Oct. 22.

The company did not disclose a reason for the offer.

Holders who tender their notes by the early tender date of Oct. 5 will receive $1,060 per $1,000 principal note amount. Holders who tender their notes by the Oct. 22 date will receive $1,030 per $1,000 principal note amount.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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