Walmart Inc. has entered into a pricing agreement to sell five series of senior unsecured notes totaling $4.25 billion in aggregate principal amount. The sale, managed by a syndicate of underwriters including Citigroup and J.P. Morgan, is expected to close on April 30, 2026.
Key Details
- Total Offering: The company will issue $4.25 billion in aggregate principal amount of notes, with expected net proceeds of approximately $4.23 billion after underwriting discounts.
- Note Series Breakdown: The offering consists of five tranches:
- $350 million of Floating Rate Notes due 2029
- $650 million of 4.000% Notes due 2029
- $1.0 billion of 4.150% Notes due 2031
- $1.25 billion of 4.450% Notes due 2033
- $1.0 billion of 4.750% Notes due 2036
- Terms & Closing: The notes are senior, unsecured debt obligations of the company. The pricing agreement was dated April 27, 2026, with the sale expected to be consummated on April 30, 2026.