09:06 AM EST, 02/07/2025 (MT Newswires) -- FedEx ( FDX ) said Friday it extended the expiration date of the offers to exchange all of its outstanding senior notes of certain existing notes from Feb 6. to Feb. 21 for new notes and the related consent solicitations to adopt certain proposed amendments to each indentures governing the existing notes.

Eligible holders who tendered their existing notes by the early participation date of Jan. 22 were set to receive $970 in New USD or 970 euros in euro notes, along with an early participation payment of $30 in New USD Notes or 30 Euros in euro notes and $2.50 or 2.50 euro in cash, depending on the series.

As of the prior expiration date, FedEx ( FDX ) has received the required consents to adopt proposed amendments for the majority of existing note series, with participation rates ranging from 52.56% to 85.21%. But three notes in the series including the 4.2% notes due 2028, the 4.25% notes due 2030, and the 1.300% Notes due 2031 didn't receive the required consents.