8-KOther EventsExhibits & Filings

Walmart Inc. 8-K Report, Corporate Update (Apr 28, 2025)

Filed April 28, 2025For Securities:WMT

Summary

Walmart Inc. (WMT) has filed a Form 8-K to announce the pricing and expected closing of a significant debt offering. The company is set to issue and sell a total of $5.0 billion in aggregate principal amount of senior, unsecured debt securities across four new series: $750 million in Floating Rate Notes Due 2027, $750 million in 4.100% Notes Due 2027, $1.0 billion in 4.350% Notes Due 2030, and $1.5 billion in 4.900% Notes Due 2035. The net proceeds from this offering, after underwriting discounts but before other expenses, are expected to be approximately $3.985 billion. This issuance is part of Walmart's ongoing strategy to manage its capital structure and fund its business operations.

Key Highlights

  • 1Walmart Inc. is raising a total of $5.0 billion through the issuance of new senior, unsecured debt.
  • 2The offering comprises four tranches: Floating Rate Notes Due 2027 ($750M), 4.100% Notes Due 2027 ($750M), 4.350% Notes Due 2030 ($1.0B), and 4.900% Notes Due 2035 ($1.5B).
  • 3The net proceeds from the sale are estimated to be approximately $3.985 billion, after underwriting discounts.
  • 4The notes are being issued under Walmart's existing shelf registration statement (File No. 333-275878).
  • 5The notes will rank equally with other senior, unsecured debt obligations of the company.
  • 6The closing of the sale is expected to occur on April 28, 2025.

Frequently Asked Questions

Walmart is issuing a total of $5.0 billion in aggregate principal amount of debt securities across four different series.

The offering includes $750 million of Floating Rate Notes Due 2027, $750 million of 4.100% Notes Due 2027, $1.0 billion of 4.350% Notes Due 2030, and $1.5 billion of 4.900% Notes Due 2035.

The estimated aggregate net proceeds to Walmart, after underwriting discounts but before transaction expenses, are approximately $3.985 billion.

These notes represent new series of senior, unsecured debt. They will rank equally with Walmart's other senior, unsecured debt obligations and are part of the company's ongoing capital management strategy.