Latham & Watkins Represents GFL Environmental Inc. in Upsized Secondary Offering by Selling Shareholders
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL), the fourth largest diversified environmental services company in North America, has announced the pricing of the previously announced secondary offering by BCEC-GFL Borrower (Cayman) LP, OTPP Environmental Services Trust, GFL Borrower II (Cayman) LP and Poole Private Capital, LLC of 18,176,073 subordinate voting shares, which represents an increase of 4,091,566 Shares from the previously announced offering size, at the public offering price of US$36.20 per Share. GFL will not receive any proceeds from the offering.
Latham & Watkins LLP represented GFL Environmental Inc. in the offering with a capital markets team led by partners Stelios Saffos, Peter Sluka, and Paul Dudek, with associates Hana Nah, Claire Solimine, and Adam Weber. Advice was also provided on tax matters by partners Matthew Dewitz and Eric Kamerman.