Walmart latest to tap bond market with $5bn offerings Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap the debt market ahead of the U.S. Federal Reserve’s next potential rate move. A company filing showed on Wednesday that its bonds will be due between 2025 and 2052 and have a coupon rate of between 3.9% and 4.5%. The Federal Open Market Committee Meeting is scheduled for September 20-21, where the Fed is expected to decide on whether to go for another 75bp rate increase. IFR reported on Tuesday that at least 19 investment-grade bond deals were expected to price, as issuers and investors get ready for what is expected to be a busy post-Labor Day session. Walmart results top estimates as inflation alters consumer behavior Target Corp is offering $1 billion in notes due 2032, while McDonald’s Corp is offering about $1.5 billion in two-part bonds due 2052 and 2032, the companies disclosed in separate filings on Tuesday. Separately, Lowe’s Cos Inc also announced the pricing of a four-part notes offering at $4.