WM Announces the Redemption of Senior Notes Due in 2022
May 13 2022 - 4:56PM
Business Wire
WM (NYSE: WM) announced today that it will redeem the entire
outstanding principal amount of its 2.90% Senior Notes due 2022
(the “Notes”). The redemption date for the Notes is June 15, 2022
(the “Redemption Date”). The aggregate principal amount of the
Notes outstanding is $500 million. The redemption price for the
Notes is equal to 100% of the aggregate principal amount of the
Notes, plus accrued and unpaid interest on the Notes to the
Redemption Date.
Notices of redemption are being sent to all currently registered
holders of the Notes. For more information, holders of the Notes
may call The Bank of New York Mellon Trust Company, N.A., the
trustee for the Notes, at 1-800-254-2826. This press release is not
an offer to sell or a solicitation of an offer to buy any
securities.
ABOUT WM WM (WM.com) is North America’s largest
comprehensive waste management environmental solutions provider.
Previously known as Waste Management and based in Houston, Texas,
WM is driven by commitments to put people first and achieve success
with integrity. The company, through its subsidiaries, provides
collection, recycling and disposal services to millions of
residential, commercial, industrial and municipal customers
throughout the U.S. and Canada. With innovative infrastructure and
capabilities in recycling, organics and renewable energy, WM
provides environmental solutions to and collaborates with its
customers in helping them achieve their sustainability goals. WM
has the largest disposal network and collection fleet in North
America, is the largest recycler of post-consumer materials and is
the leader in beneficial reuse of landfill gas, with a growing
network of renewable natural gas plants and the most
gas-to-electricity plants in North America. WM’s fleet includes
nearly 11,000 natural gas trucks – the largest heavy-duty natural
gas truck fleet of its kind in North America – where more than half
are fueled by renewable natural gas. To learn more about WM and the
company’s sustainability progress and solutions, visit
Sustainability.WM.com.
FORWARD-LOOKING STATEMENTS This press release contains
forward-looking statements that involve risks and uncertainties.
Factors that could cause actual results to differ materially from
those expressed or implied by the forward-looking statements in
this press release are discussed in WM’s most recent Annual Report
on Form 10-K and subsequent reports on Form 10-Q.
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version on businesswire.com: https://www.businesswire.com/news/home/20220513005497/en/
Analysts Ed Egl 713.265.1656 eegl@wm.com
Media Toni Werner corp_comm@wm.com
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