-----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, DL/uYh6euKcob8Ofeu3NIhTgUPew+M/wwh2iHnRRcl9UN94pP6kWcR6vDg7MfkLY DpbVi/1nvyRXQMQVakKkJA== 0000950129-08-001460.txt : 20080304 0000950129-08-001460.hdr.sgml : 20080304 20080303191129 ACCESSION NUMBER: 0000950129-08-001460 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080304 DATE AS OF CHANGE: 20080303 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: 333-137526 FILM NUMBER: 08661331 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 h54508fpfwp.htm FREE WRITING PROSPECTUS fwp
 

Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated March 3, 2008 Relating to
Preliminary Prospectus Supplement dated March 3, 2008
to Prospectus dated September 22, 2006
Registration Statement No. 333-137526
Final Pricing Term Sheet
6.10% Senior Notes Due 2018
     
Issuer:
  Waste Management, Inc.
 
    
Guarantor:
  Waste Management Holdings, Inc.
 
    
Size:
  $600,000,000 
 
    
Maturity:
  March 15, 2018
 
    
Coupon:
  6.10%
 
    
Price:
  99.598% of face amount
 
    
Yield to maturity:
  6.154%
 
    
Spread to Benchmark Treasury:
  2.60%
 
    
Benchmark Treasury:
  3.50% 2/15/2018
 
    
Benchmark Treasury Price and Yield:
  99−17+3.554%
 
    
Interest Payment Dates:
  Semi-annually on March 15th and September 15th, commencing September 15, 2008
 
    
Redemption Provisions:
    
 
    
           Optional Redemption:
  At any time for an amount equal to the greater of (1) 100% of the principal amount of the notes redeemed and repaid, or (2) the sum of the present values of the remaining scheduled payments of principal and interest on the notes discounted to the redemption date at the applicable Treasury Yield plus 40 basis points.
 
    
           Change of Control Put:
  A put right upon the occurrence of a change of control triggering event as described in the Preliminary Prospectus Supplement dated March 3, 2008
 
    
Settlement:
  T+3; March 6, 2008
 
    
CUSIP:
  94106L AS8
 
    
Joint Book-Running and
  Banc of America Securities LLC
Joint Lead Managers
  J. P. Morgan Securities Inc.
 
  Greenwich Capital Markets, Inc.
 
    
Co-Managers
  Barclays Capital Inc.
BNP Paribas Securities Corp.
Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
Scotia Capital (USA) 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 calling Banc of America Securities LLC toll-free at 1-800-294-1322, J.P. Morgan Securities Inc. collect at (212) 834-4533 or Greenwich Capital Markets, Inc. 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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