Fitch Ratings, Chicago, said Wednesday it has assigned an AA rating to the $2.5 billion note issuance by Wal-Mart Stores, Bentonville, Ark., with a stable outlook. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. The issuance, whose proceeds will be used for general corporate purposes, includes $500 million of 1% notes due in 2017; $1 billion of 3.3% notes due in 2024; and $1 billion of 4.3% notes due in 2044. According to Fitch, the rating reflects ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.