03:32 AM EDT, 06/25/2024 (MT Newswires) -- Waste Management (WM) said late Monday it has priced a public offering of $1.5 billion of senior notes in two tranches, including $750 million of 4.950% senior notes due 2027 and $750 million of 4.950% senior notes due 2031.

The debt offering is expected to close on July 3.

The company said it plans to use net proceeds to pay down other debt and any funds remaining for general corporate purposes.

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