Gfl Environmental Inc (TSE:GFL) has released an update.
GFL Environmental Inc. has received an issuer credit rating boost to ‘BB-‘ from ‘B+’ by S&P Global Ratings, reflecting the company’s successful strategy in increasing cash flow and reducing debt. The CEO, Patrick Dovigi, expressed the company’s commitment to disciplined capital allocation and the goal of reaching an investment grade rating prior to the maturation of their fixed rate debt. GFL, a major North American environmental services provider, continues to grow its comprehensive waste management and soil remediation services.
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