GFL Environmental’s $400 Million Senior Notes Offering


Simpson Thacher represented the initial purchasers, led by Barclays, BMO Capital Markets, Credit Suisse, Macquarie Capital and RBC Capital Markets, in connection with the issuance of a $400 million aggregate principal amount of 5.375% Senior Notes due 2023 by GFL Environmental Inc.

The proceeds of the offering were used to repay the outstanding borrowings under GFL’s revolving credit facility and for general corporate purposes, including future acquisitions and organic growth initiatives.

GFL, headquartered in Vaughan (Ontario) and led by lPatrick Dovigi, is a leading Canadian diversified environmental services company with solid waste, infrastructure and soil remediation and liquid waste operations. Through its Canadian and Michigan platform of operations, GFL serves approximately 60,000 commercial, industrial and institutional customers.

The Simpson Thacher team included Mark Brod (Picture), Sung Bum Cho, Scott Winston and Christine Turner (Capital Markets); Justin Lungstrum and Tim Coxon (Credit); Joo Hyun Lee (Executive Compensation and Employee Benefits); Jonathan Cantor, Sarah Katz and Brian Mendick (Tax); Jeanne Annarumma (ERISA); and Jennie Getsin (Blue Sky).

Involved fees earner: Mark Brod – Simpson Thacher & Bartlett; Sung Bum Cho – Simpson Thacher & Bartlett; Scott Winston – Simpson Thacher & Bartlett; Christine Turner – Simpson Thacher & Bartlett; Justin Lungstrum – Simpson Thacher & Bartlett; Timothy Coxon – Simpson Thacher & Bartlett; Joo Hyun Lee – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Brian Mendick – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Barclays Bank; Credit Suisse; RBC Capital Markets; BMO Capital Markets; Macquarie Capital;