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Waste Management plans to call $244 million of senior notes
By Jennifer Chiou
New York, March 4 - Waste Management, Inc. said it intends to use partial proceeds from an offering of $600 million of 6.1% senior notes due March 15, 2018 to redeem its $244 million of senior notes due 2018, which are callable at par in May.
The Houston-based provider of integrated waste services said that other proceeds will go toward repaying borrowings under its credit facility and for general corporate purposes.
The offering is expected to close on March 6.
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