Gfl environmental inc. announces proposed private offering of senior notes

Vaughan, on, june 1, 2021 /prnewswire/ - gfl environmental inc. (nyse: gfl), (tsx: gfl) ("gfl") today announced that it is planning to commence, subject to market and other conditions, a private offering of us$600.0 million in aggregate principal amount of senior notes due 2029 (the "notes"). gfl intends to use the net proceeds from the offering of the notes (the "notes offering") to redeem all of gfl's outstanding us$360,000,000 aggregate principal amount of 8.500% senior notes due 2027 (the "2027 unsecured notes") and to pay related fees, premiums and accrued and unpaid interest on the 2027 unsecured notes, and to use any remaining net proceeds from the notes offering to repay borrowings under its revolving credit facility.
GFL Ratings Summary
GFL Quant Ranking