debt
confidence high
sentiment neutral
materiality 0.55
Waste Management prices $1.5B senior notes offering at 4.950%
WASTE MANAGEMENT INC
- Issued $750M 4.950% Senior Notes due 2027 and $750M 4.950% Senior Notes due 2031.
- Notes are fully guaranteed by wholly-owned subsidiary Waste Management Holdings, Inc.
- Proceeds expected to repay outstanding commercial paper; closing July 3, 2024.
- Underwriters include BNP Paribas, SMBC Nikko, Truist, and Wells Fargo Securities.