GFL Environmental Inc. announced plans to participate in a US$210 million bond offering, aiming to move a portion of its debt from secured to unsecured, extending maturities, and enhancing balance sheet flexibility. The offering is part of GFL’s strategy to achieve an investment-grade capital structure.
Jet.AI, a private aviation and artificial intelligence firm, has announced an exchange offer and consent solicitation to simplify its capital structure and mitigate potential dilution. The company is offering to exchange outstanding warrants for shares of common stock at specific ratios, and seeking consent from warrant holders to amend governing agreements, potentially reducing the exchange ratio by 10%.
