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HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages GFL Environmental (GFL; GFLU) Investors to Contact Its Attorneys Now, Firm Investigating Potential Securities Law Violations

  • Hagens Berman urges GFL Environmental Inc. (NYSE: GFL, GFLU) investors to contact the firm now. The firm is conducting a proprietary investigation into possible securities fraud.
    08/20/2020

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against GFL Environmental Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against GFL Environmental Inc.
    08/20/2020
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The price of GFL Environmental Inc. (GFLU) is 70.3 and it was updated on 2024-07-27 02:27:05.

Currently GFL Environmental Inc. (GFLU) is in undervalued.

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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of GFL Environmental Inc. (GFL) on Behalf of Investors

  • INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of GFL Environmental Inc. (GFL)on Behalf of Investors
    Wed, Aug. 19, 2020

GFL EQUITY ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Announces Investigation of Securities Claims Against GFL Environmental Inc. – GFL

  • Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of GFL Environmental Inc. (NYSE: GFL) resulting from allegations that GFL may have issued materially misleading business information to the investing public.
    Wed, Aug. 19, 2020

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GFL Environmental Inc. - GFL

  • Pomerantz LLP is investigating claims on behalf of investors of GFL Environmental Inc. ("GFL" or the "Company") (NYSE: GFL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
    Wed, Aug. 19, 2020

Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of GFL Environmental Inc. (GFL) Investigation

  • NEW YORK, NY / ACCESSWIRE / August 19, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GFL Environmental Inc.
    Wed, Aug. 19, 2020

Trash Giant GFL Environmental Is a Doubtful Bet, Shortseller Says

  • GFL Environmental has grown into one of North America’s largest waste collectors. But the activist shortselling firm Spruce Point Capital Management released a critical report on the company.
    Wed, Aug. 19, 2020
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GFL Environment Rebukes Spruce Point’s Debt Claims; Shares Rise

  • GFL Environment said Spruce Point’s claims regarding the company's management and business practices are “misleading", adding that they constitute "false statements”. The waste management company's shares are advancing 2.6% in pre-market trading on Wednesday, following their 8.2% drop on Tuesday.On Aug. 18, short seller Spruce Point issued a report on GFL Environment (GFL), stating that “without access to new capital, the company’s shares are worthless and likely uninvestable for institutional investors.” In addition, the report claimed that “GFL's depiction of its debt is understated by at least C$460 million.” It also contained allegations that its CEO Patrick Dovigi has “questionable business connections".In response, GFL’s CEO said that the report contains “numerous inaccuracies and mischaracterizations". Dovigi added that the allegations are “solely intended to benefit Spruce Point, who has disclosed that it stands to profit significantly in the event that the stock price of GFL declines".Meanwhile, Goldman Sachs analyst Brian MaGuire upgraded GFL to Buy from Hold and lifted the price target to $24 (23.2% upside potential) from $21. The analyst is optimistic that GFL “continues to successfully execute its roll-up strategy through multiple acquisitions completed since its IPO, and its earnings have proven more recession-resilient than expected.”Currently, the Street has a bullish outlook on the stock. The Strong Buy analyst consensus is based on 8 Buys and 1 Hold. The average price target of $25.60 implies upside potential of about 31.4%. (See GFL stock analysis on TipRanks).Related News: D.A. Davidson Lifts Palo Alto’s PT Ahead Of 4Q Results Next Week Needham Lifts Fabrinet’s PT After 4Q Earnings Beat Mizuho Cuts Micron’s PT On Weak ‘Enterprise Demand’ More recent articles from Smarter Analyst: * TJX Shares Drop 7% After Bigger 2Q Loss * Target Spikes 12% As Digital Sales Drive Blowout Quarter * Jack Henry Shares Dip On Lower FY21 Guidance * KBR To Buy Space Contractor Centauri For $800M; Shares Pop 6%
  • 08/19/2020

GFL Environmental Inc. Responds to Misleading and Inaccurate Short and Distort Report

  • GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") commented on the misleading and false statements reported today by Spruce Point Capital Management relating to GFL's management and its financial and business practices. The report contains numerous inaccuracies and mischaracterizations, which GFL believes are solely intended to benefit Spruce Point, who has disclosed that it stands to profit significantly in the event that the stock price of GFL declines.
  • 08/18/2020

Hedge Fund Spruce Point Calls Canada Waste Firm ‘Uninvestable’

  • (Bloomberg) -- Shares of waste management company GFL Environmental Inc. fell as much as 12% after a New York hedge fund released a report questioning its accounting and its “aggressive and opaque business model.”The 107-page report by Spruce Point Capital Management LLC says the company requires injections of new capital and claims Chief Executive Officer Patrick Dovigi has “questionable” business connections. The allegations have not been proven. Dovigi declined to comment by email, saying the company will respond in short order.“Spruce Point believes that without access to new capital, the Company’s shares are worthless and likely uninvestable for institutional investors,” the report states. The report includes a disclaimer telling readers they should assume Spruce Point and affiliates have a short position in GFL.GFL, based in Vaughan, Ontario, went public on March 3, just as a stock market selloff sparked by Covid-19 was gaining momentum. Two previous attempts at IPOs had failed; among investor concerns were the company’s large debt level and spending on acquisitions.GFL shares fell were down nearly 8% as of 12:40 p.m. in New York, wiping out about $540 million in market value.“Spruce Point’s ‘strong sell’ recommendation may trigger increased scrutiny of GFL Environmental, given the waste business’s high leverage and limited history as a public company,” Scott Levine, an analyst with Bloomberg Intelligence, wrote. “The report alleges improper management and aggressive accounting, and suggests regulators may fail to approve over $2 billion in acquisitions announced since June.”GFL announced a deal Aug. 12 to buy WCA Waste Corp. for $1.2 billion in a move that would expand its waste collection operations across 11 U.S. states, including Texas, Missouri and Florida.In its report, Spruce Point referenced the debt levels, which stood at C$5.29 billion ($4 billion) at the end of the second quarter. “Given that a meaningful portion of GFL’s stock is pledged as collateral for loans, we contend there is a real risk that the stock may collapse and the company’s auditor may not sign-off on its financials after reviewing the evidence included in our report.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 08/18/2020

GFL Environmental Inc. Prices Upsized Offering of Senior Secured Notes

  • GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") today announced the pricing of US$750 million in aggregate principal amount of 3.750% senior secured notes due 2025 (the "Notes") in a transaction that was significantly oversubscribed. The offering was upsized by US$150 million over the previously announced offering size of US$600 million. GFL intends to use the net proceeds from the offering of the Notes (the "Notes Offering") for general corporate purposes, including acquisitions.
  • 08/17/2020

GFL Environmental Inc. Announces Proposed Private Offering of Senior Secured Notes

  • GFL Environmental Inc. (NYSE: GFL), (TSX: GFL) ("GFL") today announced that it is planning to commence, subject to market and other conditions, a private offering of US$600 million in aggregate principal amount of senior secured notes due 2025 (the "Notes"). GFL intends to use the net proceeds from the offering of the Notes (the "Notes Offering") for general corporate purposes, including acquisitions.
  • 08/17/2020

GFL Environmental (GFL) in Focus: Stock Moves 6.2% Higher

  • GFL Environmental (GFL) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
  • 08/14/2020

GFL Environmental Announces Acquisition of WCA Waste Corporation and Further Expansion of U.S. Footprint

  • GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today announced that it has entered into a definitive agreement with an affiliate of Macquarie Infrastructure Partners II (the "Seller") to purchase WCA Waste Corporation and its subsidiaries ("WCA") for an aggregate purchase price of US$1.212 billion (the "Acquisition"). The purchase price for the Acquisition will be financed in part with the net proceeds of a private placement of US$600 million of equity and the balance through a combination of cash on hand and capacity under the Company's revolving credit facility.
  • 08/12/2020

GFL Environmental Reports Second Quarter 2020 Results

  • * Revenue of $993.3 million, increase of 19.
  • 08/05/2020

How Much Are GFL Environmental Inc. (TSE:GFL) Insiders Spending On Buying Shares?

  • We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
  • 08/03/2020

7 New Stocks to Buy for 2021 and Beyond

  • The Renaissance IPO Index is up 37.7% year to date compared to -1.3% for the S&P 500. If you're interested in making some long-term investments, here are seven new stocks to buy from this index.By new, I mean stocks that have either had an IPO in 2020 or went public last year but have been added to the index in 2020. As for IPOs themselves, Renaissance Capital, the people behind both the index and exchange-traded fund, says there have been 71 pricings so far in 2020, down 11.3% from July 14, 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Growth Stocks That Are Being Propped Up By Low Rates In the past five years, 2018 had the most IPOs with 192. The average between 2015 and 2019 is 157. If 2020 keeps at the same pace, it will come in slightly below the five-year average. * GFL Environmental (NYSE:GFL) * Royalty Pharma (NASDAQ:RPRX) * Warner Music (NASDAQ:WMG) * ZoomInfo Technologies (NASDAQ:ZI) * PPD (NASDAQ:PPD) * Reynolds Consumer Products (NASDAQ:REYN) * Livongo Health (NASDAQ:LVGO)Renaissance doesn't add every IPO to the index. In 2020, there have been nine additions and 24 removals. Six of the seven stocks selected are new additions in 2020. Livongo Health went public in July 2019, and it has done very well for IPO investors. New Stocks to Buy: GFL Environmental (GFL)Source: Shutterstock Hailing from Canada, it's appropriate that the first stock to write about is a Canadian company.Based in Toronto, GFL Environmental is a waste management business that has been built through organic growth and plenty of acquisitions. It is the fourth-largest diversified environmental services company in North America. It operates in 23 states and every Canadian province except Prince Edward Island. GFL went public on March 2, 2020, selling 75 million shares at $19 a share, slightly below its price range of $20 to $21. Since going public, GFL stock is down 0.9%. On June 24, it made an $835 million acquisition of assets divested by Advanced Disposal Services as part of that company's sale to Waste Management (NYSE:WM) for $3 billion. GFL acquired assets in 10 states that are expected to generate $345 million in annual sales. The acquisition provides the company with organic growth, meaningful synergies, earnings accretion, a platform for future growth in the U.S. and a presence in the Midwest to add to GFL's existing operations in Michigan, Georgia, Alabama and Pennsylvania. Like most waste management organizations, investing in GFL stock ought to be viewed as a long-term hold. It doesn't currently make money but should once it reaches a certain economy of scale. Royalty Pharma (RPRX)Source: Shutterstock Royalty Pharma's IPO was the biggest on a U.S. stock exchange in 2020. The company, which has made a name for itself buying biopharmaceutical royalties, sold 77.68 million shares of its stock on June 15 for $28 a share, raising $2.18 billion in the process. RPRX stock gained 58.9% on its first day of trading. In the month since then, it has gone sideways.It was founded in 1996 by former Lazard banker, Pablo Legorreta, the company's acquired royalties worth more than $18 billion for treatments for all kinds of diseases, including those related to oncology, neurology, cardiology and diabetes. "They are looking at the entire universe of proven data which allows them to make well informed decisions around which drugs will be the most commercially successful, regardless of market cycle dynamics," Jeremy Abelson, founder and portfolio manager at Irving Investors, said recently. "It's like turning a biotech company into a bond."Naturally, because it has acquired the royalties to these treatments, it is profitable. In 2019, it had total revenue of $1.81 billion and an operating income of $2.62 billion. The company intends to pay a quarterly dividend of 15 cents to start, which works out to a current yield of 1.4%. * 10 Work-From-Home Stocks That Are Beating the Pandemic As Abelson stated, Royalty Pharma has turned biotech investments into a bond. It's an exciting proposition. Warner Music (WMG)Source: David Tonelson / Shutterstock.com When I heard that Warner Music, the third-largest record company in the world, was going public, I was shocked. Who would be interested in investing in an old-school business? Well, it turns out, plenty of people would. Warner went public on June 3, selling 77 million of its shares at $25 each, raising $1.9 billion for its existing shareholders. The company itself got no proceeds from its IPO. Typically, you wouldn't think that would be attractive to investors, but WMG stock gained 20.4% on its first day of trading.However, if you look at its growth over the past five years, you realize that this isn't your father's record company anymore. In 2015, it had $2.97 billion in revenue. By 2019, that had grown to $4.48 billion, a compound annual growth rate of 10.8%. At the same time, its net income went from a loss of $91 million to a profit of $256 million for a cumulative growth of 381%. Those might not be a tech company's growth rate, but it's darn impressive for a record company. It's growing by such an impressive rate because of its streaming revenues, which grew by 13% in the six months ended March 31, 2020, to $1.18 billion. That accounts for 59% of Warner Music's recorded music segment and 51% overall. Give credit to billionaire Len Blavatnik, who acquired Warner for $3.3 billion in 2011. Today, it has a market cap of $15.4 billion, and after selling 77 million shares, Blavatnik still owns 90% of its shares. It will be interesting to see how long he holds on to his shares after the 180-day lock-up ends in December. ZoomInfo Technologies (ZI)Source: II.studio / Shutterstock.com The cloud-based market intelligence platform went public on June 3, selling 44.5 million shares at $21 a share, raising $935 million in gross proceeds. The company's stock gained 62% in its first day of trading. Through July 14, it has gained 90% in a little more than a month as a public company. ZoomInfo is not to be confused with Zoom Video (NASDAQ:ZM), a significant beneficiary of the novel coronavirus, whose stock has gained more than 622% since going public in April 2019. ZoomInfo provides more than 15,000 companies, including Zoom Video, with the tools and information necessary to find and expand their global footprint. The company estimates that its total addressable market is approximately $24 billion. Virtually 100% of its annual revenue is subscription-based. It has more than 630 customers generating annual revenues for the company of more than $100,000. In 2019, ZoomInfo's revenue was $293.3 million, 103% higher than a year earlier. On the bottom line, it lost $28.6 million, 63% lower than in 2018. In the first quarter, it continued to grow its top- and bottom-line. * 7 Risky Stocks to Steer Clear of for Now As Covid-19 changes the way businesses operate, ZoomInfo's cloud-based platform ought to benefit from these changes. PPD (PPD)Source: Shutterstock On my list of new stocks to buy, I've already covered a buyer of biopharma royalties, so why not also suggest readers take a look at PPD, a provider of end-to-end solutions for the development of medical therapies. PPD, which stands for Pharmaceutical Product Development, is a contract research organization, better known as CRO, that helps companies undertake clinical trials for drug development and approval. PPD is one of the top CROs in the healthcare industry. The company's IPO was in February. It sold 60 million shares at $27, raising gross proceeds of $1.62 billion. It used a large portion of the proceeds to pay down debt. Post-IPO, PPD's debt was $4.2 billion, $1.4 billion less than before the public offering. Founded in 1985, PPD first went public in 1996 but was taken private by Carlyle Group (NASDAQ:CG) and Hellman & Friedman in 2011. The partners paid $3.9 billion. Assuming the underwriters exercised their option on PPD, Hellman & Friedman owned 45.4% of the company, post-IPO, while Carlyle owned 19.1%. In the first quarter of 2020, PPD's revenues were 11.3% higher to $1.08 billion, while adjusted EBITDA increased by 17.3% during the quarter to $196.9 million. It expects to generate revenues of at least $907 million in Q2 2020 with a minimum adjusted EBITDA of $170 million. It finished the first quarter with a backlog of $7.3 billion, 11.9% higher than Q1 2019. PPD stock has barely budged since its IPO, up just 5.1% since February. Patience will be rewarded. Reynolds Consumer Products (REYN)Source: rblfmr / Shutterstock.com This is one IPO I didn't think would fly off the shelves -- and initially, it didn't. Reynolds Consumer Products sold 47.2 million shares of its stock at the end of January at $26 a share, raising gross proceeds of $1.23 billion. Its shares rose just 9.8% in its first day of trading, well below the average first-day return of 18% for U.S. IPOs between 1980 and 2019.However, since then, it has come on like a house on fire. REYN stock is up 31.6% from its IPO price through July 14. That's well ahead of the markets as a whole. As I said in the beginning, I wasn't a fan of Reynolds' IPO. In February, shortly after it went public, I provided investors with seven reasons why not to buy its stock. Chief among my arguments was that it had lots of debt, little growth and sales outside North America would be hard to come by. And then the pandemic happened. Aluminum foil became a valuable commodity for bakers and chefs homebound by Covid-19. In late June, Stifel analyst Mark Astrachan argued that at-home eating remains well-above pre-Covid levels. As a result, the analyst felt stocks such as Reynolds Consumer Products would continue to benefit from this trend, which doesn't appear to be going away.
  • 07/17/2020

GFL Environmental Inc. Sets Date for Second Quarter 2020 Earnings Release and Conference Call

  • GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it will release its second quarter 2020 financial results after the market closes on Wednesday August 5, 2020 and will host an investor conference call related to this release on Thursday August 6, 2020 at 8:00 am Eastern Time.
  • 07/09/2020

GFL Environmental Inc. Announces Quarterly Dividend

  • The Board of Directors of GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has declared a cash dividend of US$0.01 for each outstanding subordinate voting share and multiple voting share of the Company for the second quarter of 2020.
  • 07/09/2020

Waste Management Surprised Investors with a Huge Loss in Its Bonds

  • When Waste Management sold $4 billion of bonds last year, investors who bought the investment-grade securities didn’t anticipate losses of as much as 12 points.
  • 07/03/2020

Cerberus-Backed Albertsons Falls Short With $800 Million IPO

  • (Bloomberg) -- Albertsons Cos. is emerging from Cerberus Capital Management’s portfolio in a shrunken, below-range initial public offering raising only $800 million.Certain stockholders sold 50 million shares for $16 each in the IPO on Thursday, Albertsons said in a statement. Private equity firm Cerberus and other backers of the supermarket chain had earlier offered 65.8 million shares for $18 to $20, which could have raised as much as $1.3 billion.The IPO is the first in the U.S. to price below its marketed range since GFL Environmental Inc.’s $1.4 billion offering on March 3.While the coronavirus pandemic has boosted the grocer’s business, the company had total debt of $8.7 billion as of its last fiscal year, according to its filings. That makes it more levered than U.S. supermarket rivals Sprouts Farmers Market Inc. and Grocery Outlet Holding Corp., according to data compiled by Bloomberg.Albertsons is going public after a failed attempt five years ago. In 2015, the company filed for a listing to raise as much as $1.7 billion before postponing and eventually withdrawing that plan. A multibillion-dollar merger with Rite Aid Corp. was scrapped in 2018 after opposition to the deal ahead of a shareholder vote, leaving Cerberus again searching for an exit.Profit SwingFor the year ended Feb. 29, Albertsons earned $466 million on revenue of more than $62 billion, compared with a loss of $502 million on revenue of $59 billion in fiscal 2015, according to its filings.Albertsons’ business might have stabilized, but limited new store openings could make it difficult to keep growing revenue, and put rivals at an advantage, Bloomberg Intelligence’s senior analyst Jennifer Bartashus wrote in a report. It may also be difficult for Albertsons to gain market share as it trails key peers in e-commerce, Bartashus said.Analysts at Jefferies predicted in March, as the Covid-19 pandemic kept people away from restaurants, that “frenzied food-at-home buying” could add $90 billion in revenue to the packaged food industry over three months. But many shoppers have been choosing online deliveries over trying to stay socially distant in the supermarket aisles. Instacart Inc.’s valuation, for example, hit $13.7 billion in a funding round after the popularity of the grocery delivery service exploded, up from the the $7.9 billion value it fetched in 2018.Cerberus StakeNew York-based Cerberus first invested in Albertsons in 2006 in a $17.4 billion acquisition alongside CS Corp. and Supervalu Inc., neither of which remain investors. Based on a larger IPO planned earlier, Cerberus’s stake was to be trimmed to 31% from 37% after the listing. Boise, Idaho-based Albertsons won’t receive any proceeds in this week’s share sale.Apollo Global Management Inc. put in $1.75 billion in Albertsons in May through a preferred stock offering, equal to a 17.5% stake in the grocer after the conversion.U.S. IPOs have snapped back in June after equity market volatility killed off deals in March and April. A total of $11.8 billion was raised from 29 listings this month alone, including a $2.5 billion offering from Royalty Pharma Plc and Warner Music Group Corp.’s $1.9 billion deal, according to data compiled by Bloomberg. June is set to be the fifth busiest month for U.S. IPO in the past decade after Albertsons’ listing, the data show.The IPO is being led by Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Citigroup Inc. The company’s shares are expected to begin trading Friday on the New York Stock Exchange under the symbol ACI.(Updates with statement in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 06/25/2020

GFL Environmental Shares Climb on $835 Million Acquisition

  • GFL Environmental is benefiting from the acquisition announced by Waste Management of Advanced Disposal Services.
  • 06/24/2020

Advanced Disposal Shares Fall After Waste Management Deal

  • Advanced Disposal Services shares are down after the company agreed to be acquired by Waste Management for $30.30 a share.
  • 06/24/2020

Advanced Disposal Shares Off on Waste Management Deal

  • Advanced Disposal Services shares are down after the company agreed to be acquired by Waste Management for $30.30 a share.
  • 06/24/2020

GFL Environmental Announces US$835 million Acquisition of Assets and Expansion of U.S. Footprint

  • GFL Environmental Inc. (NYSE and TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today announced that it has entered into a definitive agreement to purchase a portfolio of vertically integrated solid waste collection, transfer, recycling and disposal assets (the "Acquisition") for an aggregate purchase price of US$835 million.
  • 06/24/2020

Frontier Waste Solutions appoints new CFO

  • Frontier Waste Solutions, a leading solid waste and recycling collection company based in Texas, added to its leadership team with the hiring of Alek Orloff. Prior to joining Frontier, Mr. Orloff was the former Chief Financial Officer of Denver-based Alpine Waste & Recycling and most recently the Vice President of Strategic Development at GFL Environmental (NYSE: GFL), the industry's fourth largest firm.
  • 06/17/2020

A Look At The Intrinsic Value Of GFL Environmental Inc. (TSE:GFL)

  • Today we will run through one way of estimating the intrinsic value of GFL Environmental Inc. (TSE:GFL) by estimating...
  • 06/04/2020

GFL Environmental Inc. Releases Inaugural Sustainability Report

  • GFL Environmental Inc. (NYSE and TSX: GFL) ("GFL" or the "Company"), a leading North American provider of diversified environmental solutions in solid waste, infrastructure and soil remediation and liquid waste, today released its inaugural sustainability report. The report details the Company's approach to sustainability and its 2019 results.
  • 05/21/2020

GFL Environmental Reports First Quarter 2020 Results

  • GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL" or the "Company") today announced its results for the first quarter of 2020.
  • 05/11/2020

GFL Environmental Prices Upsized Offering of Senior Secured Notes

  • GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL") today announced the pricing of US$500 million in aggregate principal amount of 4.250% senior secured notes due 2025 (the "Notes") in a transaction that was significantly oversubscribed. The offering was upsized by US$100 million over the previously announced offering size of US$400 million. GFL intends to use the net proceeds from the offering of the Notes (the "Notes Offering") for general corporate purposes, including future acquisitions.
  • 04/22/2020

GFL Environmental Inc. Announces Proposed Private Offering of Senior Secured Notes

  • GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL") today announced that it is planning to commence, subject to market and other conditions, a private offering of US$400 million in aggregate principal amount of senior secured notes due 2025 (the "Notes"). GFL intends to use the net proceeds from the offering of the Notes (the "Notes Offering") for general corporate purposes, including future acquisitions.
  • 04/22/2020

GFL Environmental Inc. Sets Date for First Quarter 2020 Earnings Release and Conference Call

  • GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL" or the "Company") today announced that it will release its first quarter 2020 financial results after the close of markets on Monday, May 11, 2020 and will host an investor conference call related to this release on Tuesday May 12, 2020 at 8:00 am Eastern Time.
  • 04/15/2020

GFL Environmental Inc. Announces Date for Upcoming COVID-19 Update Call

  • GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL" or the "Company") today announced that on April 9, 2020 at 8:30 am Eastern Time, the Company will host a conference call to provide an investor update regarding COVID-19.
  • 04/08/2020

GFL Environmental Inc. Announces Quarterly Dividend

  • The Board of Directors of GFL Environmental Inc. (NYSE: GFL, TSX: GFL) ("GFL" or the "Company") today announced that it has declared a cash dividend of US$0.01 for each outstanding subordinate voting share and multiple voting share of the Company for the first quarter of 2020.
  • 04/08/2020

GFL Environmental Inc. Announces Closing Date of Initial Public Offering

  • GFL Environmental Inc. ("GFL") announced today that its previously announced initial public offering of 75,000,000 subordinate voting shares and concurrent offering of 15,500,000 of its 6.00% tangible equity units ("Units") are expected to close on March 5, 2020, subject to the satisfaction
  • 03/04/2020

GFL Environmental Inc. Prices US$2.2 Billion IPO and Concurrent Offering of Tangible Equity Units

  • GFL Environmental Inc. Prices US$2.2 Billion IPO and Concurrent Offering of Tangible Equity Units
  • 03/03/2020

GFL Environmental Inc. Announces Launch of its Initial Public Offering and Concurrent Offering of Tangible Equity Units

  • GFL Environmental Inc. Announces Launch of its Initial Public Offering and Concurrent Offering of Tangible Equity Units
  • 02/25/2020
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