GFL Environmental Inc. Prices Private Offering of Senior Notes
GFL priced a $750 million private offering of senior notes due 2031, carrying a 5.625% coupon with an expected effective rate of 4.500% after interest rate swaps. Proceeds from the offering will be used to repay the company's revolving credit facility and fund the cash consideration for the acquisition of SECURE Waste Infrastructure Corp.
Key figures
- Deal Value Usd
- 750000000
- Coupon rate
- 5.625%
- Maturity year
- 2031
- Effective rate
- 4.500%
AI analysis
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