WalMart launches $5 bln four-part bond issue
NEW YORK, April 4 (IFR) - WalMart Stores on Thursday launched a $5 billion four-part bond issue, comprising three-year, five-year, 10-year and 30-year notes.
Proceeds of the deal, expected to be rated Aa2/AA/AA, will be used for general corporate purposes. Barclays, Citigroup and Morgan Stanley are joint leads on the deal.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.