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S&P rates Waste Management notes BBB
Standard & Poor's said it assigned a BBB rating to Waste Management Inc.'s proposed $500 million of senior unsecured notes due 2022.
The agency also affirmed the company's BBB corporate credit rating.
The outlook is stable.
The ratings reflect the company's strong business risk profile, highlighted by its competitive market position as the largest solid waste management company in the United States and Canada, S&P said.
The ratings also consider its significant financial risk profile, the agency said.
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