Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-' - S&P Global Ratings’ Credit Research

Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-'

Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-' - S&P Global Ratings’ Credit Research
Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-'
Published Feb 19, 2015
3 pages (1016 words) — Published Feb 19, 2015
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) Feb. 19, 2015--Standard&Poor's Ratings Services today assigned an 'A-' issue rating to U.S.-based waste services company Waste Management Inc.'s proposed $1.8 billion in senior unsecured notes. The notes will consist of $600 million senior unsecured notes due 2025, $750 million unsecured notes due 2045, and $450 million of senior unsecured notes due 2035. All other ratings on Waste Management are unchanged, including the 'A-' long-term corporate credit rating. The outlook remains stable. For our complete corporate credit rating rationale, see the summary on Waste Management published Dec. 2, 2014, on RatingsDirect. RELATED CRITERIA AND RESEARCH Related Criteria Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 Key Credit Factors For

  
Brief Excerpt:

...NEW YORK (Standard & Poor's) Feb. 19, 2015--Standard & Poor's Ratings Services today assigned an 'A-' issue rating to U.S.-based waste services company Waste Management Inc.'s proposed $1.8 billion in senior unsecured notes. The notes will consist of $600 million senior unsecured notes due 2025, $750 million unsecured notes due 2045, and $450 million of senior unsecured notes due 2035. All other ratings on Waste Management are unchanged, including the 'A-' long-term corporate credit rating. The outlook remains stable. For our complete corporate credit rating rationale, see the summary on Waste Management published Dec. 2, 2014, on RatingsDirect. RELATED CRITERIA AND RESEARCH Related Criteria + Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 + Key Credit Factors For The Environmental Services Industry, Feb. 12, 2014 + Corporate Methodology, Nov. 19, 2013 + Corporate Methodology: Ratios And Adjustments, Nov. 19, 2013 + Methodology: Management...

  
Report Type:

Ratings Action

Ticker
WMI
Issuer
Waste Management Inc.
GICS
Environmental & Facilities Services (20201050)
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-'" Feb 19, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Waste-Management-Inc-s-1-8-Billion-Senior-Unsecured-Note-Issuance-Rated-A-1384807>
  
APA:
S&P Global Ratings’ Credit Research. (). Waste Management Inc.'s $1.8 Billion Senior Unsecured Note Issuance Rated 'A-' Feb 19, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Waste-Management-Inc-s-1-8-Billion-Senior-Unsecured-Note-Issuance-Rated-A-1384807>
  
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