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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 | |
---|---|---|---|---|---|---|---|---|
0.01 | 0.02% | 60.22 | 1,136 | 10:59:52 |
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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