According to Bloomberg, Walmart launched its first Canadian-dollar bond offering on October 19 while pricing $3 billion of U.S. bonds. The Canadian offering opened at C$5 billion (about $3.55 billion), bringing the combined size of the two deals to roughly $6.5 billion at the reported launch level. The U.S. sale was split into four tranches maturing in three to 10 years, with demand peaking above $14 billion and the longest tranche yielding 45 basis points over Treasuries. Walmart said the proceeds will go to general corporate purposes, potentially including repaying or refinancing maturing debt, after raising $4.25 billion in a five-tranche U.S. bond sale in April. Analyst estimates compiled by Bloomberg put Walmart's 2027 spending at a record $29 billion for stores, e-commerce and automation.
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