Waste Management to sell notes due 2025, 2035, 2045 Wednesday

By Aleesia Forni

Virginia Beach, Feb. 18 – Waste Management, Inc. is planning to price a benchmark offering of senior notes (Baa2/A-/) in tranches due 2025, 2035 and 2045 on Wednesday, according to a market source and a 424B3 filed with the Securities and Exchange Commission.

The bookrunners are Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Barclays, BofA Merrill Lynch, RBS Securities Inc. and Wells Fargo Securities LLC.

Proceeds will be used for general corporate purposes.

The notes are guaranteed by Waste Management Holdings Inc.

The waste collection, recycling and disposal company is based in Houston.

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