New Issue-Wal-Mart sells 100 bln yen in Samurai bonds

Wed Jul 23, 2008 9:35pm EDT

 TOKYO, July 24 (Reuters) - Wal-Mart Stores Inc (WMT.N) sold
a total of 100 billion yen ($926.5 million) in Samurai bonds in
three tranches on Thursday, lead manager Mizuho Securities said.
 Details are as follows:
 1. Three-year fixed-rate bond:
 Issue amount:      25 billion yen
 Coupon:            1.72 percent
 Issue price:       par
 Maturity date:     Aug. 5, 2011
 Coupon payments:   Feb. 5, Aug. 5
 Payment date:      Aug. 5, 2008
 Lead managers:     Mitsubishi UFJ Securities
                    Mizuho Securities
                    Nikko Citigroup
 Fiscal agent:      Mizuho Corporate Bank
 Ratings:           AA (S&P)
                    Aa2 (Moody's)
 Spread:            Yen swaps + 40 basis points
 2. Five-year fixed-rate bond:
 Issue amount:      25 billion yen
 Coupon:            2.01 percent
 Issue price:       par
 Maturity date:     Aug. 5, 2013
 Coupon payments:   Feb. 5, Aug. 5
 Payment date:      Aug. 5, 2008
 Lead managers:     Mitsubishi UFJ Securities
                    Mizuho Securities
                    Nikko Citigroup
 Fiscal agent:      Mizuho Corporate Bank
 Ratings:           AA (S&P)
                    Aa2 (Moody's)
 Spread:            Yen swaps + 50 basis points
 3. Five-year floating-rate bond:
 Issue amount:      50 billion yen
 Coupon:            0.5 pct point above six-month yen Libor
 Issue price:       par
 Maturity date:     Aug. 5, 2013
 Coupon payments:   Feb. 5, Aug. 5
 Payment date:      Aug. 5, 2008
 Lead managers:     Mitsubishi UFJ Securities
                    Mizuho Securities
                    Nikko Citigroup
 Fiscal agent:      Mizuho Corporate Bank
 Ratings:           AA (S&P)
                    Aa2 (Moody's)
 The Samurai bonds are yen bonds issued in Japan by
non-Japanese entities.
 ($1=107.93 Yen)
 (Reporting by Takefumi Ito and Naoyuki Katayama: writing by
Rika Otsuka)


Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.