8-KAccepted Sep 14, 4:28 PM ET
FedEx Corp Announces Euro and USD Note Offerings totaling €2.0B & $1.1B
Accepted (ET)
4:28 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
21
Size
2.1 MB
Summary
FedEx Corp Announces Euro and USD Note Offerings totaling €2.0B & $1.1B
What Happened
- FedEx Corporation announced it completed two debt offerings that were entered into on September 9, 2026 and consummated on September 14, 2026. The company issued €1,100,000,000 of 4.000% Notes due 2030 and €900,000,000 of 4.625% Notes due 2034 (together, the “Euro Notes”), and $1,100,000,000 of 5.750% Notes due 2036 (the “USD Notes”).
- The underwriting agreements name major global banks as lead underwriters, and certain wholly owned subsidiaries (Federal Express Corporation, Federal Express International, Inc. and Federal Express Europe, Inc.) participated in the agreements/guarantees. The Form 8‑K was filed to incorporate the related underwriting agreements, indentures and legal opinions into the company’s Form S‑3 registration statement.
Key Details
- Euro Notes: €1.1B at 4.000% due 2030; €900M at 4.625% due 2034.
- USD Notes: $1.1B at 5.750% due 2036.
- Transaction dates: underwriting agreements dated September 9, 2026; closings/consummation on September 14, 2026.
- Filing purpose: exhibits (underwriting agreements, indentures, form notes, legal opinions) were incorporated by reference into Registration No. 333-297595 (Form S‑3).
Why It Matters
- These offerings add long‑term, fixed‑rate debt to FedEx’s capital structure with maturities in 2030, 2034 and 2036 and stated coupon rates that will determine future interest expense. That affects the company’s debt maturity profile and financing costs.
- The 8‑K does not specify use of proceeds. Investors should note the new debt amounts and coupons when assessing leverage, interest obligations and refinancing risk; review FedEx’s next quarterly filings or investor communications for how proceeds will be used or impact liquidity.