IFLR1000

FedEx $1.5 billion 3.4% and 4% notes issues

31/1/2018
Investment grade bond/note issue
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$ 1.5 billion

Completed

31/1/2018

Overview:

  • FedEx has issued $1.5 billion in senior notes.
  • The issue consisted of $500 million 3.4% notes due 2028 and $1 billion 4% notes due 2048.
  • Underwriters on the deal were Morgan Stanley, Citigroup Global Markets, Goldman Sachs, JP Morgan Securities and Merrill Lynch Pierce Fenner & Smith.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Logistics

Firms:
Sidley Austin

Party: FedEx (Issuer)

Simpson Thacher & Bartlett

Party: Morgan Stanley (Underwriter)

Party: Citigroup Global Markets (Underwriter)

Party: Goldman Sachs (Underwriter)

Party: JP Morgan Securities (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

Lawyer: Risë Norman

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