Waste Management Inc 8-K, filed Aug 9, 2023
Waste Management Inc (WM)
About this 8-K
Waste Management Inc filed this 8-K on August 9, 2023, reporting on events of August 4, 2023.
Items reported
- Item 1.02: Ended a material agreement
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| Item 1.02. | Termination of a Material Definitive Agreement. |
On August 4, 2023, Waste Management, Inc. (the “Company”) prepaid in full all borrowings and accrued interest pursuant to its $1.0 billion, two-year U.S. term loan credit agreement dated May 27, 2022, with the lenders party thereto and Bank of America, N.A., as administrative agent (the “Term Loan Agreement”). Such amounts were paid using proceeds from the Company’s issuance and sale of senior notes that closed on August 3, 2023.
A summary of the material terms of the Term Loan Agreement are set forth in Item 1.01 of the Company’s Current Report on Form 8-K filed June 2, 2022 and are incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| WASTE MANAGEMENT, INC. | ||
| Date: August 9, 2023 | By: | /s/ Charles C. Boettcher |
| Charles C. Boettcher | ||
| Executive Vice President, Corporate Development and Chief Legal Officer | ||