New Issue-Casella Waste sells $180 mln in 5-yr notes

July 1 (Reuters) - Casella Waste Systems Inc (CWST.O) on
Wednesday sold $180 million of five-year senior secured notes
in the 144a private placement market, said IFR, a Thomson
Reuters service.

The size of the deal was decreased from an originally
planned $205 million.

Bank of America, JP Morgan and Calyon were the joint
bookrunning managers for the sale.
BORROWER: CASELLA WASTE SYSTEMS INC
AMT $180 MLN COUPON 11.00 PCT MATURITY 7/15/2014
TYPE SR SECD NTS ISS PRICE 97.212 FIRST PAY 1/15/2010
MOODY'S B2 YIELD 11.75 PCT SETTLEMENT 7/9/2009
S&P B-PLUS SPREAD 919 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 3 YEARS*
*MAKE-WHOLE CALL 50 BPS