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

Newswire.ca - Thu Feb 29, 5:55AM CST

VAUGHAN, ON, Feb. 29, 2024 /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, 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 21,000,000ย subordinate voting shares (the "Shares"), which represents an increase of 4,000,000 Shares from the previously announced offering size, at the public offering price of US$34.45 per Share. GFL will not receive any proceeds from the Offering. RBC Capital Markets, LLC and RBC Dominion Securities Inc. will act as underwriters for the Offering in the United States and Canada, respectively.

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