Mr. Patrick Dovigi reports
GFL ENVIRONMENTAL ANNOUNCES ISSUANCE OF 6,219,896 SUBORDINATE VOTING SHARES ON CONVERSION OF SERIES A PREFERRED SHARES
HPS Investment Partners LLC, on behalf of the holders of GFL Environmental Inc.'s Series A perpetual convertible preferred shares, has provided notice of conversion of 4,867,006 Series A preferred shares for 6,219,896 subordinate voting shares. Following the conversion, no Series A preferred shares will remain outstanding. 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 $42.73 (U.S.) per share.
About GFL Environmental Inc.
GFL is the fourth-largest diversified environmental service company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 19 U.S. states. GFL has a work force of more than 17,000 employees across its organization.
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