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GFL Environmental Prices $750 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 06:59 AM EDT

06:59 AM EDT, 06/23/2026 (MT Newswires) -- GFL Environmental (GFL) priced a private offering of $750 million senior notes due 2031, which will be issued by a GFL unit, the company said Tuesday.

The notes will bear a stated coupon of 5.625% or about 4.5%, depending on cross currency interest rate swaps, and will be guaranteed by GFL and certain company subsidiaries, according to the statement.

GFL said proceeds will be used to repay drawn amounts under its revolving credit facility, fund its acquisition of SECURE Waste Infrastructure, and for other growth initiatives.

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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