Walmart issues $5 billion in new debt; partners with UnitedHealth Group
Walmart seeks to raise $5 billion in operating capital through four separate bond issues ahead of expected Federal Reserve interest rate hike. Also, the Bentonville-based retailer announced Wednesday (Sept. 7) a partnership with UnitedHealth Group. A filing with the U.S. Securities and Exchange Commission showed the bonds include $1.75 billion at 3.9% due in 2025, $1 billion at…
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