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Share Name Share Symbol Market Type
Walmart Inc NYSE:WMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.42 0.98% 146.111 146.49 144.80 144.80 4,587,440 20:48:22

Walmart Closes Inaugural $2 Billion Green Bond Issuance

23/09/2021 7:15pm

Dow Jones News


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By Stephen Nakrosis

 

Walmart Inc. on Thursday said it closed its inaugural green bond offering.

The company said net proceeds from the $2 billion issuance will be allocated to fund projects advancing its sustainability goals.

The company said proceeds will be directed to eligible categories, including renewable-energy projects, projects related to making the company's facilities more energy efficient and sustainable transportation projects.

"The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals now and in the years to come. These goals include achieving 100% renewable energy by 2035 and zero emissions in our operations by 2040," said Kathleen McLaughlin, the company's executive vice president and chief sustainability officer.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 23, 2021 14:00 ET (18:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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