Walmart to sell bonds to find fund for Flipkart deal
Beeps By | Jun 21 2018

The US retail giant Walmart is offering its bonds for sale to find fund for its acquisition of Flipkart. It offers fixed- and floating-rate bonds in as many as 9 parts. The longest portion of the offering may yield around 1.1% points above Treasuries, down from initial talk of about 1.2% points. Walmart to buy 77% stakes of Flipkart.

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