FedEx launches $4.15 billion debt tender offer after freight spin-off
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FedEx Announces Commencement of Cash Tender Offers
June 25, 2026 8:32 AM EDTMEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) (FedEx) today announced that it has commenced cash tender offers (each, an Offer and, collectively, the Offers) for the maximum principal amount of validly tendered (and not validly withdrawn) notes set forth below (collectively, the Notes), such that the aggregate purchase price, not including accrued and unpaid interest, payable in respect of such Notes will not exceed $4.15 billion (the Offer Cap). The Offers are being made pursuant to an Offer to Purchase, dated June 25, 2026 (the Offer to Purchase), which sets forth a description of the terms of the... More
