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Waste Management Prices Public Offering Of $1.50B Of Senior Notes

Benzinga ·  Jun 25 05:56
  • $750,000,000 aggregate principal amount of 4.950% senior notes due July 3, 2027; and
  • $750,000,000 aggregate principal amount of 4.950% senior notes due July 3, 2031.

The Company intends to use the net proceeds from the offering to repay borrowings under its commercial paper program used for working capital, which is fully supported by the Company's $3.5 billion revolving credit facility, and the remainder, if any, for general corporate purposes.

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