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GFL Environmental to Launch Private Offering of US$1 Billion of Senior Notes

BY MT Newswires | CORPORATE | 09:44 AM EST

09:44 AM EST, 01/13/2026 (MT Newswires) -- GFL Environmental (GFL) on Tuesday said it is planning to start a private offering of US$1 billion of senior notes due 2034.

The company said the notes will be issued by its wholly owned U.S. unit and will be guaranteed by GFL and certain of its other units.

Proceeds from the notes offering will be used to repay amounts drawn on its revolving credit facility and for general corporate needs, "with a view to maximizing its available liquidity to execute on its growth strategy in 2026 and beyond," it added.

Shares of the company were last seen down 1.2% at $58.5 on the Toronto Stock Exchange.

Price: 58.38, Change: -0.84, Percent Change: -1.42

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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