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GFL Environmental Inc. Announces Upsize and Pricing of Secondary Offering by Selling Shareholders

GFL Environmental Inc. Announces Upsize and Pricing of Secondary Offering by Selling Shareholders...

articleGfl Environmental IncMarch 26, 20253/company/gfl-environmental-holdings-inc/news/gfl-environmental-inc-announces-upsize-and-pricing-of-secondary-offering-by-selling-shareholders
GFL Environmental Inc. Announces Upsize and Pricing of Secondary Offering by Selling Shareholders

About this update from Gfl Environmental Inc

[{"type":"text","content":"\n\n\n\n GFL Environmental Inc. Announces Upsize and Pricing of Secondary Offering 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 The Short Form Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible on or about\n \n March 27, 2025\n \n , through SEDAR+\n \n\n\n\n\n VAUGHAN, ON\n \n\n ,\n \n\n March 26, 2025\n \n\n /CNW/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) (\"GFL\" or the \"Company\") today announced the pricing of the previously announced secondary offering (the \"Offering\") by Ontario Teachers' Pension Plan Board, GFL Borrower II (Cayman) LP, Poole Private Capital, LLC and entities affiliated with HPS Investment Partners, LLC (collectively, the \"Selling Shareholders\") of 18,887,723 subordinate voting shares (the \"Shares\"), which represents an increase of 3,147,954 Shares from the previously announced offering size, at the public offering price of\n \n US$47.65\n \n per Share. RBC Capital Markets, LLC and RBC Dominion Securities Inc. will act as underwriters for the Offering in\n \n the United States\n \n and\n \n Canada\n \n , respectively. GFL also announced today that it has agreed to purchase for cancellation a total of 7,056,027 Shares under the Offering.\n \n\n\n\n\n\n\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 \"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 shal...

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