On March 8, 2024, GFL Environmental Inc. announced a $978.6 million (US$723.45 million) dual-listed secondary offering of 21,000,000 subordinate voting shares. The shares were listed on both the New York Stock Exchange and the Toronto Stock Exchange under the symbol “GFL.”

GFL, based in Vaughan, Ontario, is North America’s fourth-largest diversified environmental services company, offering services in non-hazardous solid waste management, infrastructure and soil remediation, and liquid waste management. The company operates facilities across Canada and in over half of the U.S. states. GFL employs over 20,000 people and serves municipal, residential, commercial, and industrial customers with services including collection, transportation, transfer, recycling, and disposal.

RBC Capital Markets, LLC and RBC Dominion Securities Inc. acted as underwriters for the offering in the United States and Canada, respectively. Legal advisors for the transaction were not specified in the announcement.

This offering did not involve any proceeds going to GFL, and the company advised potential investors to read the prospectus and related documents for detailed information before investing. These documents were available on SEDAR+ and the SEC's EDGAR website.