GFL Environmental Prices $750M Senior Notes at 5.625% (GFL)
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GFL Environmental Inc. (GFL) priced $750 million in senior notes with a 5.625% coupon rate. The offering, announced June 23, 2026, is part of the company's financing strategy to optimize its capital structure. The notes are due in 2032 and are expected to close on June 27, 2026. Proceeds from the offering will primarily fund the redemption of GFL's existing 8.500% senior notes due 2027, with any remainder allocated to general corporate purposes. This action effectively refinances higher-cost debt.
EditorThomas Ho