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GFL Environmental Announces Closing of WCA Waste Corporation Acquisition and US$600 Million Private Placement of Perpetual Convertible Preferred Shares
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GFL Environmental Announces Closing of WCA Waste Corporation Acquisition and US$600 Million Private Placement of Perpetual Convertible Preferred Shares
GFL Environmental Inc. ("GFL" or the "Company") (NYSE: GFL) (TSX: GFL) announced today the successful closing of the acquisition of WCA Waste Corporation. The purchase price for the acquisition was partly funded with the net proceeds from the previously announced private placement (the "Private Placement") of US$600 million of perpetual convertible preferred shares (the "Preferred Shares") to funds managed by HPS Investment Partners, LLC ("HPS"), which also closed today.
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