GFL Environmental Prices $210M In Aggregate Principal Amount Of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds At 4.375%
Portfolio Pulse from Benzinga Newsdesk
GFL Environmental has priced $210 million in bonds through the Florida Development Finance Corporation to finance or refinance solid waste disposal facilities in Florida. The bonds are unsecured and guaranteed by GFL and certain subsidiaries.
October 01, 2024 | 10:49 am
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GFL Environmental has issued $210 million in bonds to finance solid waste disposal facilities in Florida. The bonds are unsecured but guaranteed by GFL and its subsidiaries.
The issuance of $210M in bonds at a competitive rate of 4.375% indicates strong investor confidence and provides GFL with capital to finance or refinance its facilities. This move is likely to positively impact GFL's financial position and operational capacity in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90