GFL Environmental announced that HPS Investment Partners, 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 16M 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 per share.
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