沃尔玛公司正在今年第二次发行美元债券，并正在探测投资者对其首次加拿大债务发行的兴趣，因为全球最大的零售商正在一轮支出高峰中寻求多元化其融资渠道。
Inc. is selling US dollar bonds for a second time this year and sounding out investors for a debut Canadian debt offering as the world’s largest retailer seeks to diversify its funding sources amid a spending spree.
根据熟悉情况的人士透露，该公司计划在周一通过四个期限的美元债券发行筹集至少25亿美元，期限从三年到十年不等。这些人士补充称，最长期限的初始定价讨论显示，其收益率溢价将比美国国债高出0.75个百分点。由于未获授权公开发表评论，这些人士要求不具名。
The company is seeking to raise at least $2.5 billion through a four-tranche US dollar bond offering on Monday, with maturities ranging from three to 10 years, according to people familiar with the matter. Initial price talk on the longest tenor is a yield premium of 0.75 percentage point over Treasuries, the people added, asking not to be identified because they’re not authorized to speak publicly.
沃尔玛还曾要求美国银行公司、加拿大丰业银行和多伦多-道明银行安排投资者电话会议，以探讨潜在的加拿大元债务发行事宜，另据知情人士透露。该公司正在考虑在此次交易中筹集至少35亿加元（约合25亿美元），该发行将包含四个期限，跨度为四年至三十年，尽管这些人士补充称，目前尚未就交易规模作出最终决定。
Walmart has also asked Bank of America Corp., Bank of Nova Scotia and Toronto-Dominion Bank to hold investor calls on a potential debt offering in Canadian dollars, separate people said. The firm is mulling raising at least C$3.5 billion ($2.5 billion) in the deal, which would comprise four tranches spanning four to 30 years, though no final decision has been made on the transaction’s size, they added.
沃尔玛在过去几年里一直在加大投资，作为其计划的一部分，旨在新增门店、扩大电子商务能力并实现某些任务的自动化。根据彭博社汇总的分析师估计，该公司预计明年将创下290亿美元的支出纪录。该零售商目前还有约33亿美元的债券将于明年到期。
Walmart has boosted investments over the past few years as part of a plan to add new stores, expand its e-commerce capabilities and automate some tasks, with the company expected to spend a record $29 billion next year, according to analyst estimates compiled by Bloomberg. The retailer also has about $3.3 billion of bonds maturing next year.
随着首次加拿大元债务发行，这家市值达9400亿美元的公司正在效仿美国科技巨头谷歌母公司Alphabet Inc.和亚马逊公司的做法，这两家公司也在今年通过资本市场为其人工智能基础设施投资融资。加拿大债券市场为美国借款人提供了货币和投资者多元化的机会，而当地投资者则通过购买外国公司发行的债券来扩大其跨行业和跨发行人的敞口。
With the debut Canadian-dollar debt offering, the $940 billion company is following in the footsteps of US technology giants Alphabet Inc. and Amazon.com, which have also tapped the market this year to fund their artificial intelligence infrastructure investments. The Canadian bond market offers currency and investor diversification for US borrowers, while local investors have snapped up debt sold by foreign firms to broaden their exposure across sectors and issuers.
这些短期债券的发行价差预计将比安大略省公用事业公司Hydro One Ltd的可比债券宽四个基点，而最长期限的债券则预计将比可比债券紧七个基点，知情人士表示。
The shorter-dated bonds are being discussed at spreads as much as four basis points wider than comparable bonds of Ontario utility Hydro One Ltd, while the longest maturity is expected to price as much as seven points tighter, the people said.
沃尔玛通常每年只发行一次债券，上次进入美国市场是在今年4月，当时它募集了42.5亿美元。
Walmart - which typically sells bonds just once a year — last tapped the US market in April, when it raised $4.25 billion.
彭博智库分析师Poonam Goya和Sydney Goodman上周在给客户的一份报告中表示，随着通胀和更高的汽油价格挤压家庭预算，沃尔玛将扩大其客户覆盖范围，争夺更多的家庭支出。
Walmart is set to broaden its costumer reach and capture more household spending as inflation and higher gas prices squeeze budgets, Bloomberg Intelligence analysts Poonam Goya and Sydney Goodman said last week in a note to clients.
美国银行、沃尔玛以及领导此次美元债券发行的法国巴黎银行（BNP Paribas SA）均未立即回应置评请求，或拒绝置评。
Bank of America, Walmart and BNP Paribas SA, the bank leading the US dollar bond offering, either declined to comment or didn’t immediately respond to a comment request.