---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089111"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:52:59.714178+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Waste Management prepays $1.0B term loan using senior note proceeds

## Summary
- Prepaid in full all borrowings + accrued interest under $1.0B term loan dated May 27, 2022.
- Payment funded by proceeds from senior notes issuance that closed August 3, 2023.
- Term loan was originally reported in June 2022 8-K; this terminates that agreement.

## SEC filing metadata
- accession: 0001104659-23-089111
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823768/000110465923089111/0001104659-23-089111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465923089111/tm2323215d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089111
- JSON: https://secwatch.observer/filing/0001104659-23-089111.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089111.txt

## Key facts
- Material Agreements
  WASTE MANAGEMENT INC terminated "Term Loan Agreement" with lenders party thereto and Bank of America, N.A., as administrative agent valued at $1.0 billion (effective 2023-08-04).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: lenders party thereto and Bank of America, N.A., as administrative agent
  - Value: $1.0 billion
  - Effective: 2023-08-04
  source text: On August 4, 2023, Waste Management, Inc. (the “Company”) prepaid in full all borrowings and accrued interest pursuant to its $1.0 billion, two-year U.S. term loan credit agreement dated May 27, 2022, with the lenders party thereto and Bank of America, N.A., as administrative agent (the “Term Loan Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465923089111/0001104659-23-089111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.