Waste Management Announces Consideration for Cash Tender Offer - Seite 2

May 15, 2029 2.416% FIT1 95 bps $1,283.94 WM 7.375% Senior Notes due 2029 94106LAG4 $139,152,000

2.375% U.S. Treasury due
May 15, 2029

2.416% FIT1 100 bps $1,332.35 WM 7.75% Senior Notes due 2032 94106LAN9 $210,385,000

2.375% U.S. Treasury due
May 15, 2029

2.416% FIT1 110 bps $1,438.15

WM

6.125% Senior Notes due 2039 94106LAV1 $273,575,000

3.00% U.S. Treasury due
February 15, 2049

2.837% FIT1 115 bps $1,297.69

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(1)		WMH is a wholly owned subsidiary of Waste Management, Inc. WMH has fully and unconditionally guaranteed all the senior notes issued by Waste Management, Inc. and Waste Management, Inc. has fully and unconditionally guaranteed the notes issued by WMH.

The offers are made pursuant to an Offer to Purchase dated May 14, 2019 and a related Letter of Transmittal and Notice of Guaranteed Delivery (as amended or supplemented to date, the “Offer Documents”), which set forth the terms and conditions of the tender offer.

The tender offer will expire at 5:00 p.m. New York City Time on May 20, 2019, unless extended. Holders of notes must validly tender and not validly withdraw their notes before 5:00 p.m. New York City Time on the expiration date, or comply with the guaranteed delivery procedures set forth in the Offer Documents, to be eligible to receive the consideration for each series of notes.

Waste Management has retained Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC to serve as the Dealer Managers for the tender offer. Deutsche Bank Securities Inc. may be contacted at [phone] (toll free) or [phone] (collect), and J.P. Morgan Securities LLC may be contacted at [phone] (toll free) or [phone] (collect).