Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Parana > News item |
GFL Environmental to pay down revolver drawings with notes proceeds
By Sara Rosenberg
New York, June 1 – GFL Environmental Inc. plans to repay borrowings under its revolving credit facility using proceeds from a $750 million senior notes offering, which was upsized from $600 million, according to a market source.
Remaining proceeds from the notes will be used to redeem $360 million of 8½% senior notes due 2027, for general corporate purposes and to pay related fees and expenses.
GFL is a Vaughan, Ont.-based diversified environmental services company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.