Retail giant Walmart Inc. (WMT) recently announced the pricing of its first green bonds worth $2 billion. The company intends to use the net proceeds from the offering to fund the existing and future projects that enable it to achieve its sustainability goals. Following the news, shares of the company declined marginally to close at $147.27 in extended trade on Wednesday. The company has plans to allocate an amount equal to the net proceeds of the $2-billion offering toward a portfolio of Eligible Green Investments in the near future.
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Walmart (NYSE:WMT)
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