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CWST Casella Waste Systems Inc

106.18
0.92 (0.87%)
Last Updated: 15:47:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
Casella Waste Systems Inc NASDAQ:CWST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.92 0.87% 106.18 106.05 106.18 107.19 105.705 105.98 74,060 15:47:17

Casella Waste Systems, Inc. Extends Exchange Offer for 7.75% Senior Subordinated Notes Due 2019

29/09/2011 10:52pm

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Casella Waste Systems (NASDAQ:CWST)
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Casella Waste Systems, Inc., (NASDAQ: CWST) announced today that it extended the expiration date of its offer to exchange up to $200,000,000 of new 7.75% Senior Subordinated Notes due 2019 (the "new notes") that have been registered under the Securities Act of 1933 for an equal amount of outstanding unregistered 7.75% Senior Subordinated Notes due 2019 (the "old notes"). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on October 3, 2011, unless further extended.

The exchange offer was originally set to expire at 5:00 p.m., New York City time, on September 29, 2011. As of this date, tenders of approximately $196,965,000 aggregate principal amount, or 98.5%, of the old notes have been received pursuant to the exchange offer. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated August 30, 2011.

This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.

Copies of the exchange offer prospectus and related documents may be obtained from U.S. Bank National Association, exchange agent for the exchange offer, at the following address:

U.S. Bank National Association Attn: Lori Buckles 60 Livingston Avenue Mail Station-EP-MN-WS2N St. Paul, MN 55107-2292 Phone: (651) 495-3520 Fax: (651) 495-8158

FORWARD-LOOKING STATEMENTS

Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the exchange offer. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, many of which are beyond the Company's control and which are described in the Company's filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this release.

CONTACT: Ned Coletta Vice President Finance 802-772-2239

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