04:29 AM EDT, 04/26/2024 (MT Newswires) -- GXO Logistics ( GXO ) said late Thursday it priced a registered public offering of $600 million of its 6.25% notes due 2029 and $500 million of its 6.5% notes due 2034.

Each offering is expected to close on May 6.

Net proceeds from the offering will be used to fund the company's pending acquisition of Wincanton. The proceeds will also help redeem, repay and prepay the debt of the company and its subsidiaries, as well as for general corporate purposes.