VAUGHAN, ON, Aug. 11, 2021 /PRNewswire/ - GFL Environmental
Inc. (NYSE: GFL) (TSX: GFL) ("GFL") today announced that it has
closed its previously announced upsized offering of US$550.0 million in aggregate principal amount of
4.375% senior notes due 2029 (the "Notes"). GFL intends to use
the net proceeds from the offering of the Notes for general
corporate purposes, including acquisitions.
About GFL
GFL, headquartered in Vaughan,
Ontario, is the fourth largest diversified environmental
services company in North America,
providing a comprehensive line of non-hazardous solid waste
management, infrastructure & soil remediation and liquid waste
management services through its platform of facilities throughout
Canada and in 27 states in
the United States. Across its
organization, GFL has a workforce of more than 15,000
employees.
Forward-Looking Information
This release includes certain "forward-looking statements",
including statements relating to the use of proceeds of the
recently completed note offering. In some cases, but not
necessarily in all cases, forward-looking statements can be
identified by the use of forward looking terminology such as
"plans", "targets", "expects" or "does not expect", "is expected",
"an opportunity exists", "is positioned", "estimates", "intends",
"assumes", "anticipates" or "does not anticipate" or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might", "will" or "will
be taken", "occur" or "be achieved". In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances contain forward-looking
statements. Forward-looking statements are not historical facts,
nor guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking statements are necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by GFL as of the date of this release, are subject to
inherent uncertainties, risks and changes in circumstances that may
differ materially from those contemplated by the forward-looking
statements. Important factors that could cause actual results to
differ, possibly materially, from those indicated by the
forward-looking statements include, but are not limited to, the
"Risk Factors" section of GFL's annual report for the 2020 fiscal
year filed on Form 20-F and GFL's other periodic filings with the
U.S. Securities and Exchange Commission and the securities
commissions or similar regulatory authorities in Canada. These factors are not intended to
represent a complete list of the factors that could affect GFL.
However, such risk factors should be considered carefully. There
can be no assurance that such estimates and assumptions will prove
to be correct. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
release. GFL undertakes no obligation to publicly update any
forward-looking statement, except as required by applicable
securities laws.
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SOURCE GFL Environmental Inc.