GFL Environmental Announces Issuance Of 16M Subordinate Voting Shares On Conversion Of 14,565,543 Series A Preferred Shares; 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/Share

Author: Benzinga Newsdesk | September 12, 2024 08:57am

GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") today announced that HPS Investment Partners, LLC ("HPS"), on behalf of the holders of the Company's Series A perpetual convertible preferred shares ("Series A Preferred Shares"), has provided notice of conversion of 14,565,543 Series A Preferred Shares for 16,000,000 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 US$39.60 per share.

Posted In: GFL TSX:GFL