IESI-BFC to Offer 13 Million Shares of Common Stock

Toronto-based IESI-BFC Ltd. is planning to offer 13 million shares of common stock on the New York Stock Exchange (NYSE). The firm will use the money from the offering to repay debt, according to a company press release.

IESI-BFC also has applied to have its shares traded on the NYSE under the “BIN” symbol. The firm recently changed its name from BFI-Canada Ltd.

TAGS: Financials