Business

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

GFL Environmental Inc. Announces Upsizing and Pricing of Secondary Offering by Selling Shareholde...

articleGfl Environmental IncMay 18, 20235/company/gfl-environmental-holdings-inc/news/gfl-environmental-inc-announces-upsizing-and-pricing-of-secondary-offering-by-selling-shareholders
GFL Environmental Inc. Announces Upsizing 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 Upsizing 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 \n VAUGHAN, ON\n \n \n ,\n \n \n May 18, 2023\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 BCEC-GFL Borrower (Cayman) LP, OTPP Environmental Services Trust, GFL Borrower II (Cayman) LP and Poole Private Capital, LLC (collectively, the \"Selling Shareholders\") of 18,176,073 subordinate voting shares (the \"Shares\"), which represents an increase of 4,091,566 Shares from the previously announced offering size, at the public offering price of\n \n US$36.20\n \n per Share. GFL will not receive any proceeds from 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 \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 \"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...

More updates from Gfl Environmental Inc