Mega retailer Walmart was on pace to borrow $5 billion in the corporate bond market on Wednesday, with strong investor demand dialing back borrowing costs for the national chain.
Walmart, WMT a big-box retailer with AA credit ratings, was initially expected to raise about $4 billion, but was on pace to increase its borrowing size and trim pricing after order books touched about $27 billion, according to Informa Global Markets.
The…
This post was originally published on Market Watch
