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GFL Environmental Prices Oversubscribed Bond Offering

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GFL Environmental Prices Oversubscribed Bond Offering

GFL Environmental (TSE:GFL) has released an update.

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GFL Environmental Inc. has successfully priced a US$210 million tax-exempt bond offering at 4.375%, intended to finance solid waste disposal facilities in Florida. The Bonds, guaranteed by GFL and certain subsidiaries, are part of a strategic move to adjust the company’s debt structure and extend maturity dates. This offering was significantly oversubscribed, reflecting strong investor interest.

For further insights into TSE:GFL stock, check out TipRanks’ Stock Analysis page.

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