Wal-Mart goes in hard on euro return with punchily priced €1.5bn

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Wal-Mart goes in hard on euro return with punchily priced €1.5bn

Wal-Mart, the US hypermarket group, launched its second ever bond in euros today, raising €1.5bn. The deal showed that the euro market still has capacity for big drive-by transactions, despite the heavy issuance recently, culminating in last week’s all time record issuance of €18.5bn.

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