debt
confidence high
sentiment neutral
materiality 0.50
Waste Management terminates $5.2B credit facility after senior notes issuance
WASTE MANAGEMENT INC
- Repaid $5.2B borrowings under delayed draw Term Credit Agreement on Nov 5, 2024.
- Credit agreement dated Aug 28, 2024 was used to fund Stericycle acquisition that closed Nov 4.
- Repayment funded by proceeds from $5.2B senior notes issuance also closed Nov 4.
- Credit agreement terminated concurrently with repayment.