Waste Management eyes fixed-rate senior notes due 2029, 2041

By Devika Patel

Knoxville, Tenn., April 28 – Waste Management, Inc. plans to price two tranches of fixed-rate senior notes due 2029 and 2041, according to a 424B3 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used to fund a tender offer to purchase for cash certain senior notes.

Waste Management is a Houston-based provider of waste management environmental services.

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