Wal-Mart Stores, Inc. (NYSE:WMT) Files An 8-K Other EventsItem 8.01. Other Events.
On October 6, 2017, Wal-Mart Stores, Inc., a Delaware corporation (the "Company"), issued a press release (the "Press Release") announcing the commencement of a cash tender offer (the "Tender Offer") for its outstanding 6.500% Notes due 2037, 6.200% Notes due 2038, 5.625% Notes due 2040, 5.625% Notes due 2041, 5.25% Notes due 2035, 5.000% Notes due 2040, 4.875% Notes due 2040, 4.750% Notes due 2043, 4.30% Notes due 2044, 4.00% Notes due 2043, 5.875% Notes due 2027, 4.125% Notes due 2019, and 3.625% Notes due 2020 (the "Securities"). to the Tender Offer, the Company will pay total consideration (excluding accrued interest payable) of up to $8.5 billion for the Securities purchased in the Tender Offer. The Tender Offer will expire at 11:59 p.m., New York City time, on November 3, 2017, unless extended or earlier terminated.
A copy of the Press Release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
This Current Report on Form 8-K, including Exhibit 99.1 hereto, does not constitute an offer to sell or an offer to purchase any of the Securities or any other securities of the Company. The Tender Offer is being made only to an Offer to Purchase dated October 6, 2017 and a related Letter of Transmittal, which set forth the terms and conditions of the Tender Offer. The Company is making the Tender Offer only in those jurisdictions in which the Company is permitted to make the Tender Offer under applicable law.
Item 8.01. Financial Statements and Exhibits.
(d)Exhibits
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Exhibit No. |
Description |
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PRESS RELEASE |
WAL MART STORES INC ExhibitEX-99.1 2 exhibit991-10617.htm PRESS RELEASE Exhibit Wal-Mart Stores,…To view the full exhibit click here
About Wal-Mart Stores, Inc. (NYSE:WMT)
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in approximately 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart U.S. segment is a mass merchandiser of consumer products, operating under the Walmart or Wal-Mart brands, as well as walmart.com. The Walmart International segment consists of operations in over 27 countries outside of the United States. The Sam’s Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.
