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Wal-Mart planning $500 million tap of 3.3% notes due 2024
By Aleesia Forni
Virginia Beach, Oct. 7 – Wal-Mart Stores Inc. is planning to price a $500 million add-on to its existing 3.3% notes due April 22, 2024, according to an informed source.
No other details were immediately available on Tuesday.
The original $1 billion of 3.3% notes (Aa2/AA/AA) due 2024 sold at 73 basis points over Treasuries on April 15.
The discount retailer is based in Bentonville, Ark.
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