00:37:13 EST Tue 03 Dec 2024
Enter Symbol
or Name
USA
CA



GFL Environmental Inc
Symbol GFL
Shares Issued 364,726,221
Close 2024-09-23 C$ 53.55
Market Cap C$ 19,531,089,135
Recent Sedar Documents

GFL to participate in $210M (U.S.) of revenue bonds

2024-09-24 08:46 ET - News Release

Mr. Patrick Dovigi reports

GFL ENVIRONMENTAL INC. ANNOUNCES PROPOSED OFFERING OF US$210 MILLION OF TAX-EXEMPT INDUSTRIAL REVENUE BONDS

GFL Environmental Inc. is planning to participate in, subject to market and other conditions, an offering of $210-million (U.S.) in aggregate principal amount of Florida Development Finance Corp. (the issuer) solid-waste disposal revenue bonds. The issuer will lend the proceeds of the bonds to a subsidiary of GFL to finance or refinance certain solid-waste disposal facilities located in the state of Florida. The loan is an unsecured obligation that will be guaranteed by GFL and certain of its subsidiaries.

GFL is opportunistically pursuing the bond offering in advance of the maturity of its 3.750 per cent senior secured notes due 2025, with a view to moving more of its debt from secured to unsecured, consistent with an investment-grade capital structure, extending its related debt maturities and preserving balance sheet flexibility.

About GFL Environmental Inc.

GFL, headquartered in Vaughan, Ont., is the fourth-largest diversified environmental services company in North America, providing a comprehensive line of solid-waste management, liquid-waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL has a work force of more than 20,000 employees.

We seek Safe Harbor.

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