RXO Closes $400 Million 6.375% Senior Notes Offering Due 2031

Reuters
Yesterday
RXO Closes $400 Million 6.375% Senior Notes Offering Due 2031

RXO Inc. closed a $400 million debt financing through the issuance of 6.375% senior unsecured notes due May 15, 2031, under an indenture with Regions Bank serving as trustee. The notes pay interest semiannually starting Nov. 15, 2026, are guaranteed by certain wholly owned domestic subsidiaries until the notes achieve investment-grade ratings from at least two agencies, and include redemption and change-of-control repurchase provisions.

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