9 September 2022 | Other

Walmart has entered the bond market with a $5 billion offering

Bond offering will help Walmart Inc raise $5 billion Some companies, such as large retailers and restaurant chains, have already entered the bond market. The move could help them prepare for the next potential U.S. Federal Reserve rate hike.

According to the company's filings, the bonds will mature between 2025 and 2052, and the rate will range from 3.9 percent to 4.5 percent.

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