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Walmart Breaks Green-Bond Record With $2 Billion Debut Sale

  • Sustainable offering is part of $7 billion in debt issuance
  • Aegon expects others to follow Walmart’s green bond lead
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Walmart Inc. made its green bond market debut with a $2 billion offering Wednesday, the largest ever from a U.S. corporation, according to data compiled by Bloomberg.

The retail giant’s inaugural sustainable debt issuance comes amid efforts to reduce carbon emissions, boost recycling and clean up its supply chain. The deal surpasses NextEra Energy Capital’s $1.5 billion June sale, which matched the prior record from Apple Inc. in 2016.