Filed Pursuant to Rule 433
Registration No. 333-156724
FINAL TERM SHEET
Dated September 14, 2009
WAL-MART STORES, INC.
1,000,000,000 4.875% Notes Due 2029
Name of Issuer: |
Wal-Mart Stores, Inc. |
Title of Securities: |
4.875% Notes Due 2029 |
Aggregate Principal Amount: |
1,000,000,000 |
Issue Price (Price to Public): |
99.074% of principal amount |
Maturity: |
September 21, 2029 |
Coupon (Interest Rate): |
4.875% |
Benchmark: |
4.75% Deutsche Bundesrepublik (DBR) due July 4, 2028 |
Benchmark Yield: |
4.025% |
Spread to Benchmark: |
92.4bps |
Yield to Maturity: |
4.949% |
Interest Payment Date: |
September 21 of each year, commencing on September 21, 2010 |
Interest Payment Record Date: |
September 15 of each year |
Redemption Provisions: |
No mandatory redemption provisions |
Wal-Mart may, at its option, redeem the Notes upon the occurrence of certain events relating to U.S. taxation
Sinking Fund Provisions: |
None |
Legal Format: |
SEC registered/Regulation S |
Net Proceeds to Wal-Mart (after
underwriting discounts and
commissions and before listing and
offering expenses): |
984,490,000 |
Settlement Date: |
T + 5; September 21, 2009 |
Joint Book-Running Managers: |
Barclays Bank PLC |
Deutsche Bank AG, London Branch |
The Royal Bank of Scotland plc |
Credit Suisse Securities (Europe) Limited |
J.P. Morgan Securities Ltd. |
Morgan Stanley & Co. International plc |
Co-Managers: |
Banca IMI S.p.A. |
Banco Santander, S.A. |
BBVA Securities Inc. |
BNP PARIBAS |
BNY Mellon Services Ltd. |
Citigroup Global Markets Limited |
Goldman Sachs International |
HSBC Bank plc |
Merrill Lynch International |
Mizuho International plc |
Mitsubishi UFJ Securities International plc |
Scotia Capital Inc. |
Standard Chartered Bank |
The Toronto-Dominion Bank |
UBS Limited |
Wells Fargo Securities International Limited |
Selling Restrictions: |
European Economic Area, United Kingdom, Hong Kong, Japan, Singapore, Ireland |
ISIN: |
XS0453133950 |
Common Code: |
045313395 |
Listing: |
Irish Stock Exchange (application pending) |
Ratings: Ratings for Wal-Marts long-term debt securities: S&P, AA; Moodys, Aa2; Fitch, AA; and DBRS, AA. Wal-Mart has applied for specific ratings for the Notes and expects that the ratings for the Notes will be the same as for Wal-Marts other long-term debt securities.
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Each securities rating should be evaluated independent of each other securities rating.
2
The offer and sale in the United States, or for the account or benefit of U.S. persons (as defined in Regulation S), of the Notes to which this final term sheet relates have been registered by Wal-Mart Stores, Inc. by means of a registration statement on Form S-3 (SEC File No. 333-156724).
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering in the United States or to U.S. persons to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering in the United States or to U.S. persons. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free at 1-888-603-5847.
3