Mr. Patrick Dovigi reports
GFL ENVIRONMENTAL INC. ANNOUNCES ISSUANCE OF 16 MILLION SUBORDINATE VOTING SHARES ON CONVERSION OF SERIES A PREFERRED SHARES
HPS Investment Partners LLC, on behalf of the holders of the company's Series A perpetual convertible preferred shares, has provided notice of conversion of 14,565,543 Series A preferred shares for 16 million subordinate voting shares. The subordinate voting shares issued on conversion of the Series A preferred shares were sold by funds managed by HPS in a block trade at a price of $39.60 (U.S.) per share.
About GFL Environmental Inc.
GFL Environmental, headquartered in Vaughan, Ont., is the fourth-largest diversified environmental service company in North America, providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL Environmental has a work force of more than 20,000 employees.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.