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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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