DBRS Rates $500 Million Wal-Mart Issue at AA

DBRS has today assigned a rating of AA with a Stable trend to the $500 million 6.20% notes (Notes) due April 15, 2038, issued by Wal-Mart Stores, Inc.

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

Notes:
All figures are in U.S. dollars unless otherwise noted.

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

This is a Corporate rating.