GFL Environmental Closes Acquisition of SECURE Waste Infrastructure Corp.

Impact · against what's priced in

The closing of the SECURE acquisition is a positive catalyst for GFL, as it provides immediate scale and accelerates the achievement of 2025 financial targets. The strong oversubscription of the $1 billion term loan at SOFR 200 bps further signals robust credit confidence and supports GFL's path toward an investment grade rating.

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In context

The successful closing of the SECURE acquisition is expected to significantly accelerate the company's multi-year financial targets from early 2025 and increase capital deployment capacity.

Read from the article alone

• GFLNew
• guidance
• m and a
• acquisition
• debt financing
• environmental services
• leverage
• waste management

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