Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering
Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering
Via mint
Walmart Inc., the world’s largest retailer, is raising at least $2.5 billion through a new US dollar bond offering and exploring its first Canadian-dollar debt sale as it seeks to diversify funding sources amid rising investment requirements.
The company launched a four-tranche US dollar bond offering on Monday, with maturities ranging from three to 10 years, Bloomberg reported, citing people familiar with the matter. The transaction attracted investor demand exceeding $14 billion at its peak.
Pricing for the longest-dated tranche…
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