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FedEx Issues Final Results of Exchange Offers and Consent Solicitations for Senior Notes
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FedEx Issues Final Results of Exchange Offers and Consent Solicitations for Senior Notes
Feb 24, 2025 7:40 AM

10:15 AM EST, 02/24/2025 (MT Newswires) -- FedEx ( FDX ) on Monday announced the final results of its offers to exchange outstanding senior notes in certain series for new notes and the related consent solicitations to adopt certain proposed amendments to the indentures governing the existing notes.

Approximately $10.72 billion of existing USD notes and 939.7 million euros ($983.1 million) of existing euro notes had been validly tendered and not properly withdrawn, the company said.

FedEx ( FDX ) received the required consents to adopt proposed amendments for 21 of the existing note series, with participation rates ranging from 54.15% to 88.92%. The series of 1.300% Notes due 2031 did not receive the required consents, the company said.

Price: 254.00, Change: -0.19, Percent Change: -0.08

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