GFL Environmental Completes $500M Debt Offering
Ticker: GFL · Form: 6-K · Filed: Jun 18, 2024 · CIK: 1780232
| Field | Detail |
|---|---|
| Company | Gfl Environmental INC. (GFL) |
| Form Type | 6-K |
| Filed Date | Jun 18, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $500.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-offering, financing
TL;DR
GFL Environmental just closed a $500M debt offering.
AI Summary
On June 17, 2024, GFL Environmental Inc. completed an offering of US$500.0 million in aggregate principal amount. The company is incorporated in Canada and its principal executive office is located in Vaughan, Ontario.
Why It Matters
This debt offering provides GFL Environmental with significant capital, potentially impacting its financial flexibility and future investment capabilities.
Risk Assessment
Risk Level: low — The filing is a routine debt offering announcement with no immediate negative implications.
Key Numbers
- US$500.0 million — Debt Offering (Aggregate principal amount raised)
Key Players & Entities
- GFL Environmental Inc. (company) — Registrant
- US$500.0 million (dollar_amount) — Principal amount of debt offering
- June 17, 2024 (date) — Date of offering completion
FAQ
What is the purpose of the US$500.0 million offering?
The filing does not specify the exact purpose of the US$500.0 million offering, only that it was completed on June 17, 2024.
What are the terms of the US$500.0 million debt offering?
The filing states the aggregate principal amount is US$500.0 million but does not detail the specific terms such as interest rate or maturity date.
When was the offering announced?
The filing mentions the offering was 'previously announced' but does not provide the specific announcement date.
What is GFL Environmental Inc.'s fiscal year end?
GFL Environmental Inc.'s fiscal year ends on December 31.
What is GFL Environmental Inc.'s SIC code?
GFL Environmental Inc.'s Standard Industrial Classification (SIC) code is 4953 for Refuse Systems.
Filing Stats: 418 words · 2 min read · ~1 pages · Grade level 10.1 · Accepted 2024-06-17 19:19:41
Key Financial Figures
- $500.0 million — its previously announced offering of US$500.0 million in aggregate principal amount of 6.625%
Filing Documents
- tm2411285d5_6k.htm (6-K) — 13KB
- tm2411285d5_ex4-1.htm (EX-4.1) — 1136KB
- 0001104659-24-072423.txt ( ) — 1150KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GFL Environmental Inc. By: /s/ Mindy Gilbert Name: Mindy Gilbert Title: Executive Vice President and Chief Legal Officer Date: June 17, 2024