Simpson Thacher represented GFL Environmental Inc. (“GFL”) in connection with the Rule 144A/Regulation S offering of $500 million in aggregate principal amount of 4.25% Senior Secured Notes due 2025. GFL intends to use the net proceeds from the offering for general corporate purposes including acquisitions.
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 23 states in the United States.
The Simpson Thacher team included Ryan Bekkerus, Matthew Levy and Richie Ragusa (Capital Markets); Eli Isak (Credit); Jonathan Pall (Collateral); Gary Mandel, Andrew Purcell and Sophie Staples (Tax); Adeeb Fadil and Noreen Lavan (Environmental); Melanie Jolson (Intellectual Property); and Greg Grogan and Patricia Adams (Executive Compensation & Employee Benefits).