DBRS Rates EUR 1 Billion Wal-Mart Issue at AA
DBRS has today assigned a rating of AA with a Stable trend to the following senior unsecured debt issue of Wal-Mart Stores, Inc.:
-- EUR 1 billion 4.875% notes due September 21, 2029
The notes rank pari passu with Wal-Mart Stores, Inc.’s other senior unsecured indebtedness. Proceeds from the note issues will be used for general corporate purposes.
Notes:
The applicable methodology is Rating Merchandisers, which can be found on the DBRS website under Methodologies.
This is a Corporate rating.
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