12:39:00 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



GFL Environmental Inc
Symbol GFL
Shares Issued 359,836,939
Close 2024-04-01 C$ 46.87
Market Cap C$ 16,865,557,331
Recent Sedar Documents

GFL Environmental receives S&P credit upgrade

2024-04-02 09:50 ET - News Release

Mr. Patrick Dovigi reports

GFL ENVIRONMENTAL INC. ANNOUNCES CREDIT RATING UPGRADE FROM S&P GLOBAL RATINGS

S&P Global Ratings has upgraded GFL Environmental Inc.'s issuer credit rating to BB minus from B plus, while maintaining a positive outlook.

"The rating upgrade from S&P is a testament to the strong execution of our strategy to increase free cash flow and de-lever the business," said Patrick Dovigi, chief executive officer and founder of GFL. "We remain committed to making disciplined capital allocation decisions while continuing to focus on de-levering the business, with the expectation that we will achieve an investment grade credit rating before the majority of our fixed rate debt matures."

About GFL Environmental Inc.

GFL, headquartered in Vaughan, Ont., is the fourth-largest diversified environmental services company in North America, providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL has a work force of more than 20,000 employees.

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