Market Chatter: Waste Management of Canada to Sell $501 Million of Bonds

MT Newswires Live06-16

Waste Management (WM) of Canada is selling about 700 million Canadian dollars ($501 million) in seven-year notes on Monday, Bloomberg reported Monday, citing people with knowledge of the matter.

The notes are initially discussed at a spread of about 75 basis points over government bonds, according to the report.

Waste Management of Canada did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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