DBRS Rates GBP 1 Billion Wal-Mart Issue at AA

DBRS has today assigned a rating of AA with a Stable trend to the following senior unsecured issue of Wal-Mart Stores, Inc.:

-- GBP 1 billion 5.625% notes due March 27, 2034

The notes rank pari passu with Wal-Mart Stores, Inc.’s other senior unsecured indebtedness. Proceeds from the note issue will be used for general corporate purposes.

Notes:
All figures are in GBP unless otherwise noted.

The applicable methodology is Rating Merchandisers, which can be found on the DBRS website under Methodologies.

This is a Corporate rating.