GFL Environmental Inc., founded in 2007 and headquartered in Vaughan, Ontario, is a leading provider of integrated environmental services in North America. The company focuses on waste management, recycling, and resource recovery solutions, serving residential, commercial, and industrial clients across the United States and Canada. GFL aims to deliver a sustainable approach to waste disposal while enhancing local communities and promoting environmental responsibility.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
GFL Environmental began issuing bonds in 2018 to support its growth strategy, including strategic acquisitions and expansion of its service offerings. Notably, in 2021, GFL issued $1.6 billion in bonds to finance its acquisition of Waste Industries, significantly enhancing its footprint in the Southeastern U.S. As of October 2023, GFL’s bonds are yielding around 5.5%, positioned competitively within the industry. The company's bond portfolio also features a mix of fixed-rate and floating-rate bonds, appealing to a diverse range of investors seeking exposure to the burgeoning environmental services sector.