-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IsPp+bJVS9ruLhH+nvpUWNqKQ7/cKhY18n9NJphqi5OKTmpcLQ1HLGDVnjd++j17 nOqhu5OyK+jgZHifDtvKnQ== 0000950123-11-017145.txt : 20110223 0000950123-11-017145.hdr.sgml : 20110223 20110223162457 ACCESSION NUMBER: 0000950123-11-017145 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110223 DATE AS OF CHANGE: 20110223 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WASTE MANAGEMENT INC CENTRAL INDEX KEY: 0000823768 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 731309529 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-162059 FILM NUMBER: 11632519 BUSINESS ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: STE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135126200 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: USA WASTE SERVICES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WASTE MANAGEMENT HOLDINGS INC CENTRAL INDEX KEY: 0000104938 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 362660763 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-512-6367 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 4000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: WASTE MANAGEMENT HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19980716 FORMER COMPANY: FORMER CONFORMED NAME: WASTE MANAGEMENT INC /DE/ DATE OF NAME CHANGE: 19970725 FORMER COMPANY: FORMER CONFORMED NAME: VMX TECHNOLOGIES INC DATE OF NAME CHANGE: 19930527 FWP 1 h79858fwfwp.htm FWP fwp
Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated February 23, 2011 relating to the
Preliminary Prospectus Supplement dated February 23, 2011
to Prospectus dated September 22, 2009
Registration Statement No. 333-162059
Final Pricing Term Sheet
4.60% Senior Notes due 2021
     
Issuer:
   Waste Management, Inc.
 
    
Guarantor:
   Waste Management Holdings, Inc.
 
    
Principal Amount:
   $400,000,000
 
    
Maturity:
   March 1, 2021
 
    
Coupon:
   4.60%
 
    
Price to Public:
   99.762% of face amount
 
    
Underwriting Discount:
   0.650%
 
    
Benchmark Treasury:
   3.625% due 2/15/2021
 
    
Spread to Benchmark Treasury:
   1.180%
 
    
Benchmark Treasury Price and Yield:
   101-15, 3.450%
 
    
Yield to maturity:
   4.630%
 
    
Interest Payment Dates:
   Semi-annually on March 1 and September 1, commencing on September 1, 2011.
 
    
Redemption Provisions:
   Redeemable at any time prior to December 1, 2020 (three months prior to
 
   their maturity date), in whole or from time to time in part, at the option of the Company, at a
 
   make whole redemption price using the applicable Treasury rate plus 20 basis points (as defined and described in further detail in the Prospectus Supplement).
 
    
 
   Redeemable on or after December 1, 2020 (three months prior to their maturity date), in whole or from time to time in part, at the option of the Company, at a price of 100% plus accrued interest.
 
    
Settlement:
   T+3; February 28, 2011
 
    
CUSIP:
   941063 AQ2

 

 

     
Joint Book-Running and
   Deutsche Bank Securities Inc.
Joint Lead Managers
   RBS Securities Inc.
 
    
Co-Managers
   Credit Agricole Securities (USA) Inc.
 
   Credit Suisse Securities (USA) LLC
 
   Lloyds Securities Inc.
 
   PNC Capital Markets LLC
 
   U.S. Bancorp Investments, Inc.
 
    
Anticipated Ratings:
   Moody’s: Baa3 (Stable)
 
   S&P: BBB (Stable)
 
   Fitch: BBB (Stable)
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the prospectus supplement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting: (1) Deutsche Bank Securities Inc. by calling toll-free at 1-800-503-4616 or (2) RBS Securities Inc. by calling toll-free at 1-866-884-2071.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers were automatically generated as a result of this communication being sent via email or another communication system.

 

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