What changed
Walmart agreed to sell $750,000,000 of 5.050% notes due 2029, $500,000,000 of 5.150% notes due 2031, $1,000,000,000 of 5.350% notes due 2033 and $750,000,000 of 5.550% notes due 2036. In Canada, it will sell C$750,000,000 of 4.150% notes due 2030, C$2,000,000,000 of 4.450% notes due 2033, C$1,750,000,000 of 4.950% notes due 2038 and C$500,000,000 of 5.250% notes due 2056. The 2029 notes price at 99.994% of principal, with net proceeds of $748,080,000 before allocable transaction expenses. Both sales are expected to close October 23, 2026.
Why it matters
Walmart agreed to sell $750,000,000 of 5.050% notes due 2029, $500,000,000 of 5.150% notes due 2031, $1,000,000,000 of 5.350% notes due 2033 and $750,000,000 of 5.550% notes due 2036. In Canada, it wi