Gfl Environmental Inc (TSE:GFL) has released an update.
GFL Environmental Inc. announced the upsize and pricing of a secondary offering by selling shareholders, involving an additional 4,000,000 subordinate voting shares at a price of US$34.45 each. The company emphasized that it will not receive any proceeds from this offering, which is being underwritten by RBC Capital Markets in the US and Canada. This offering, part of a cross-border public sale, will be made available through a prospectus supplement to GFL’s base shelf prospectus.
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