New Issue-Waste Management sells $600 mln debt

Nov 12 (Reuters) - Waste Management Inc (WM.N) on Thursday
sold $600 million of senior unsecured debt, said IFR, a Thomson
Reuters service.

JPMorgan and Wells Fargo were the active bookrunning
managers for the sale. BNP and Scotia were the passive
bookrunners.
BORROWER: WASTE MANAGEMENT INCORPORATED
AMT $600 MLN COUPON 6.125 PCT MATURITY 11/30/2039
TYPE SR UNSC NTS ISS PRICE 99.466 FIRST PAY 5/30/2010
MOODY'S Baa3 YIELD 6.164 PCT SETTLEMENT 11/17/2009
S&P TRIPLE-B SPREAD 175 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 30 BPS