Walmart Announces Closing of Inaugural $2 Billion Green Bond Issuance

Walmart Inc. has announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals. The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with the 2021 Green Bond Principles, administered by the International Capital Markets Association (ICMA). “The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals now and in…

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