WalMart launches $5 bln four-part bond issue

Thu Apr 4, 2013 1:18pm EDT

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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.


After wave of QE, onus shifts to leaders to boost economy

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.