Gfl environmental successfully completes refinancing initiatives

Vaughan, on , jan. 31, 2023 /prnewswire/ - gfl environmental inc. (nyse: gfl) (tsx: gfl) ("gfl" or the "company"), a leading north american diversified environmental services company, today announced that it has amended its term loans as part of its strategy to create long-term value by reducing its cost of capital, pursuing opportunistic financings to fund its growth and preserving leverage, with a view to increasing its free cash flow.  gfl has amended its senior secured term loan to extend the maturity date by two years to may 31, 2027 and to transition the remainder of the loan from a libor-based interest benchmark to a sofr-based interest benchmark.
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