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November 22, 2002
Lynn Schenkman
New York - Standard and Poor's has assigned its BBB rating to Houston-based Waste Management Inc.'s (WMI) proposal for $400 million in senior unsecured notes due 2012. Proceeds from the notes will pay off the company's $350 million notes due Dec. 15, 2002. WMI has about $8.5 billion in outstanding debt. Complete ratings listing are available atwww.ratingsdirect.com.
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