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.
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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 ...
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