Gfl environmental inc. announces a us$594 million secondary offering of subordinate voting shares

Vaughan, on, april 12, 2021 /prnewswire/ - gfl environmental inc. (nyse: gfl) (tsx: gfl) ("gfl" or the "company") today announced that certain entities affiliated with bc partners advisors l.p., ontario teachers' pension plan board, gic private limited and hps investment partners, llc (collectively, the "selling shareholders"), have entered into an agreement with bmo capital markets, rbc capital markets and scotiabank (collectively, the "underwriters"), pursuant to which the underwriters have agreed to purchase on a bought deal basis an aggregate of 17,500,000 subordinate voting shares (the "shares") held by the selling shareholders at an offering price of us$33.95 per share (the "offering price") for total gross proceeds to the selling shareholders of us$594,125,000 (the "offering").
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