$WMT · Walmart Inc.

Walmart Inc. filed a current report disclosing that on October 19, 2026, it entered into pricing agreements with underwriters for two debt offerings. Under the U.S. offering, Walmart agreed to sell $3.0 billion aggregate principal amount of notes in four tranches: $750 million of 5.050% notes due 2029, $500 million of 5.150% notes due 2031, $1.0 billion of 5.350% notes due 2033, and $750 million of 5.550% notes due 2036. Under the Canadian offering, the company agreed to sell C$5.0 billion aggregate principal amount of notes in four tranches: C$750 million of 4.150% notes due 2030, C$2.0 billion of 4.450% notes due 2033, C$1.75 billion of 4.950% notes due 2038, and C$500 million of 5.250% notes due 2056.

The sale and purchase under both agreements are expected to close on October 23, 2026, subject to the satisfaction of conditions set out in the agreements. The filing also provides public offering prices and net proceeds after underwriting discounts for certain tranches. For example, the 2029 notes were priced at 99.994% of principal, with net proceeds to Walmart of approximately $748.1 million, while the 2031 notes were priced at 99.800% with net proceeds of approximately $497.25 million. The Canadian 2030 notes were priced at 99.996% of principal with net proceeds of approximately C$747.72 million. The filing does not state the intended use of proceeds.