Wal-Mart Stores launches $5 bln 4-part debt sale

NEW YORK, Oct 18 (BestGrowthStock) – Wal-Mart Stores Inc (WMT.N: ) on
Monday launched a $5.0 billion, four-part debt sale, with
pricing expected later on Monday, said IFR, a Thomson Reuters
service.

The sale includes $750 million of three-year notes expected
to yield 30 basis points over comparable U.S. Treasuries, $1.25
billion of five-year notes expected to yield 48 basis points
more than Treasuries.

The offering also includes $1.75 billion of 10-year notes
expected to yield 78 basis points over Treasuries and $1.25
billion of 30-year bonds expected to yield 115 basis points
over Treasuries.

The active joint lead managers on the sale are Bank of
America Merrill Lynch, Barclays and Goldman Sachs.
(Reporting by Caryn Trokie)

Wal-Mart Stores launches $5 bln 4-part debt sale