GFL Environmental to pay down revolver drawings with notes proceeds

By Sara Rosenberg

New York, Sept. 21 – GFL Environmental Inc. plans to repay borrowings under its revolving credit facility using proceeds from a $250 million add-on senior notes offering, according to a market source.

Notes proceeds will also be used for general corporate purposes, which may include future acquisitions, as well as to pay related fees and expenses.

GFL is a Vaughan, Ont.-based environmental services company.

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