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WASTE MANAGEMENT, INC. FILES $1 BILLION 'SHELF' DEBT OFFERING

       WASTE MANAGEMENT, INC. FILES $1 BILLION 'SHELF' DEBT OFFERING
    OAK BROOK, Ill., Feb. 5 /PRNewswire/ -- Waste Management, Inc. (NYSE: WMX) announced today that it has filed a "shelf" registration with the Securities and Exchange Commission for offerings from time to time of up to $1 billion of unsecured debt securities.  The timing and manner of the offerings and the terms of the debt securities will be determined by the company from time to time in light of market conditions and the company's financing plans.  The proceeds of the proposed offerings are intended to be used to retire commercial paper and other indebtedness and for general corporate purposes including acquisitions.
    A registration statement relating to these securities has not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.  Any offering will be made only by means of a prospectus.
    -0-                            2/5/92
    /CONTACT:  James E. Koenig of Waste Management, 708-572-8822/
    (WMX) CO:  Waste Management Inc. ST:  Illinois IN: SU:  OFR AH -- NY036 -- 7156 02/05/92 11:50 EST
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Publication:PR Newswire
Date:Feb 5, 1992
Words:238
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