AI assistant
Walmart Inc. — Capital/Financing Update 2009
Mar 23, 2009
29743_rns_2009-03-23_ef1ea74f-c8ea-4183-8e5c-a6d38d4b62e3.zip
Capital/Financing Update
Open in viewerOpens in your device viewer
FWP 1 dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No. 333-156724
FINAL TERM SHEET
Dated March 20, 2009
WAL-MART STORES, INC.
£1,000,000,000 5.625% Notes Due 2034
| Name of Issuer: | Wal-Mart Stores, Inc. |
|---|---|
| Title of Securities: | 5.625% Notes Due 2034 |
| Aggregate Principal Amount: | £1,000,000,000 |
| Issue Price (Price to Public): | 98.981% of principal amount |
| Maturity: | March 27, 2034 |
| Coupon (Interest Rate): | 5.625% |
| Benchmark Gilt: | 4.250% Treasury Stock due June 7, 2032 |
| Benchmark Gilt Yield: | 3.752% |
| Spread to Benchmark: | 195bps |
| Yield to Maturity: | 5.702% |
| Interest Payment Dates: | March 27 and September 27 of each year, commencing on September 27, 2009 |
| Interest Payment Record Dates: | March 15 and September 15 of each year |
| Redemption Provisions: | No mandatory redemption provisions |
| Wal-Mart may, at its option, redeem the Notes upon the occurrence of certain events relating to U.S. taxation | |
| Sinking Fund Provisions: | None |
| Legal Format: | SEC registered/Regulation S |
| Net Proceeds to Wal-Mart (after underwriting discounts and commissions and before listing and offering | |
| expenses): | £983,560,000 |
| Settlement Date: | T + 5; March 27, 2009 |
| Joint Book-Running Managers: | Goldman Sachs International |
|---|---|
| Citigroup Global Markets Limited | |
| HSBC Bank plc | |
| Credit Suisse Securities (Europe) Limited | |
| Morgan Stanley & Co. International plc | |
| The Royal Bank of Scotland plc | |
| Co Managers: | Banca IMI S.p.A. |
| Banco Bilbao Vizcaya Argentaria, S.A. | |
| Banco Santander, S.A. | |
| Barclays Bank PLC | |
| BNP PARIBAS | |
| Deutsche Bank AG, London Branch | |
| Dresdner Bank AG, London Branch | |
| J.P. Morgan Securities Ltd. | |
| Merrill Lynch International | |
| Mitsubishi UFJ Securities International plc | |
| Mizuho International plc | |
| Scotia Capital Inc. | |
| Standard Chartered Bank | |
| The Toronto Dominion Bank, London Branch | |
| UBS Limited | |
| Wachovia Securities International Limited | |
| Selling Restrictions: | European Economic Area, United Kingdom, Hong Kong, Japan, Singapore, Ireland |
| ISIN: | XS0419834931 |
| Common Code: | 041983493 |
| Listing: | Irish Stock Exchange (being applied for) |
Ratings: Ratings for Wal-Marts long-term debt securities: S&P, AA; Moodys, Aa2; Fitch, AA; and DBRS, AA. Wal-Mart has applied for specific ratings for the Notes and expects that the ratings for the Notes will be the same as for Wal-Marts other long-term debt securities.
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Each securities rating should be evaluated independent of each other securities rating.
The offer and sale in the United States, or for the account or benefit of U.S. persons (as defined in Regulation S), of the Notes to which this final term sheet relates have been registered by Wal-Mart Stores, Inc. by means of a registration statement on Form S-3 (SEC File No. 333-156724).
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering in the United States to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering in the United States. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free at 1-866-811-8049.