10:08 AM EST - GFL Environmental Inc. : Announced the pricing of $750.0 million U.S. in aggregate principal amount of 3.500% senior secured notes due 2028. GFL intends to use the net proceeds from the offering of the Notes to repay a portion of amounts outstanding under the Company's term loan facility, which matures on May 31, 2025, and to pay related fees and expenses. GFL also announced today that it expects to complete substantially concurrently with the closing of the Notes Offering, a re-pricing of the balance of the term loan facility not otherwise repaid with the proceeds of the Notes Offering, representing approximately $1.31 billion U.S. , by reducing the LIBOR floor from 1.00% to 0.50%. Due to the demand for the repricing of the term loan facility, the Company elected to reduce the original size of the Notes Offering. GFL Environmental Inc.
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