FedEx Corporation has announced the pricing of FedEx Freight Holding Company, Inc.'s $3.7 billion private offering of senior notes in connection with the planned spin-off of its less-than-truckload $(LTL)$ freight transportation services business. The offering includes four issuances: $1 billion of 4.300% senior notes due 2029, $1 billion of 4.650% senior notes due 2031, $700 million of 4.950% senior notes due 2033, and $1 billion of 5.250% senior notes due 2036. The offering is expected to close on or about February 5, 2026, and is part of the financing for the spin-off, which is anticipated to be completed on June 1, 2026. The notes are being offered in a private placement to qualified institutional buyers and non-U.S. persons.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260127889261) on January 27, 2026, and is solely responsible for the information contained therein.