FedEx Corporation announced that its subsidiary, FedEx Freight, has completed the issuance of $3.7 billion of senior notes. The net proceeds from this offering will be distributed to FedEx Corporation as part of the consideration for FedEx Corporation’s contribution of assets to FedEx Freight in connection with the planned spin-off of FedEx Freight into a new publicly traded company, which remains on track for June 1, 2026. The full announcement and related materials are available at investors.fedex.com.
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