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GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Selling Shareholders

GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Se...

articleGfl Environmental IncMay 17, 20234/company/gfl-environmental-holdings-inc/news/gfl-environmental-inc-announces-secondary-offering-of-14084507-subordinate-voting-shares-by-selling-shareholders
GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Selling Shareholders

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[{"type":"text","content":"\n \n \n \n GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Selling Shareholders\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VAUGHAN, ON\n \n \n ,\n \n \n May 17, 2023\n \n \n /CNW/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) (\"GFL\" or the \"Company\") today announced that BCEC-GFL Borrower (Cayman) LP, OTPP Environmental Services Trust, GFL Borrower II (Cayman) LP and Poole Private Capital, LLC (collectively, the \"Selling Shareholders\") intend to offer for sale 14,084,507 subordinate voting shares (the \"Shares\"). GFL will not receive any proceeds from the sale of the Shares (the \"Offering\"). Goldman Sachs & Co. LLC and Goldman Sachs Canada Inc. will act as underwriters for the Offering in\n \n the United States\n \n and\n \n Canada\n \n , respectively.\n \n \n The Shares issued pursuant to the Offering will be offered in all provinces and territories of\n \n Canada\n \n by way of a prospectus supplement (the \"Prospectus Supplement\") to the Company's short form base shelf prospectus (the \"Final Base Shelf Prospectus\"). The Company has filed a registration statement on Form F-10 (the \"Form F-10\") and will file the Prospectus Supplement with the U.S. Securities and Exchange Commission (the \"SEC\") in accordance with the multi-jurisdictional disclosure system established between\n \n Canada\n \n and\n \n the United States\n \n .\n \n \n No securities regulatory authority has either approved or disapproved the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.\n \n \n Prospective investors should read the Final Base Shelf Prospectus, the Prospectus Supplement, when available, and the documents incorporated by reference ...

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