07:22 AM EDT, 10/01/2024 (MT Newswires) -- GFL Environmental ( GFL ) said Tuesday that it has priced $210 million of Florida Development Finance's solid waste disposal revenue bonds at 4.375% with an initial mandatory tender date of Oct. 1, 2031.

Florida Development Finance will lend the proceeds of the bonds to a unit of GFL to finance certain solid waste disposal facilities in Florida state, the company said.

GFL said it is pursuing the bonds offering before the maturity of its 3.75% senior secured notes, which will mature next year, in order to extend its related debt maturities and maintain balance sheet flexibility.

Price: 39.41, Change: -0.47, Percent Change: -1.18