Waste Management Inc. raised gross proceeds of $749.9 million from an offering of 3.15% senior unsubordinated unsecured notes due Nov. 15, 2027.

The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, and redemption or repayment of debt securities.

Barclays Capital Inc., J.P. Morgan Securities LLC and Merrill Lynch Pierce Fenner & Smith Inc. were the lead underwriters.

Academy Securities Inc., MFR Securities Inc., MUFG Securities Americas Inc., Scotia Capital (USA) Inc., Siebert Cisneros Shank & Co. L.L.C. and SMBC Nikko Securities America Inc. also served as underwriters for the offering.