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Stock impact report

Walmart Plans $3 Billion Bond Sale Amid Heavy Investment-Grade Issuance Week [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
billion through a five-part, dollar-denominated investment-grade offering, according to people familiar with the matter. The longest portion of the deal, a 10-year tranche, is being discussed at roughly 0.7 percentage point above US Treasuries, a level that could position the bonds to attract steady demand from yield-focused investors. Proceeds are expected to be used for general corporate purposes, with refinancing potentially part of the mix, though final use may depend on how the transaction evolves. Is WMT fairly valued? Test your thesis with our free DCF calculator. The deal is being arranged by Citigroup Inc., JPMorgan Chase & Co., and Mizuho Financial Group Inc., reflecting a broadly supported syndicate as Walmart returns to the primary market. The company's latest move follows a similar transaction about a year ago, when it issued $4 billion in dollar-denominated bonds across four tranches. That prior issuance suggests Walmart has continued to use the investment-grade mark Show less Read more
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