Casella Waste Systems (CWST) Announces 10M Common Offering

September 24, 2012 6:37 AM EDT
Casella Waste Systems, Inc. (Nasdaq: CWST) has commenced an underwritten public offering of its Class A common stock. Casella Waste Systems intends to sell up to 10,000,000 shares of its Class A common stock and to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock sold in the offering to cover over-allotments, if any. All of the shares in the offering are to be sold by Casella Waste Systems. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering.


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