FedEx $1.2 billion notes issues

Overview:

• FedEx has undertaken a $1.2 billion debt offering.
• The issue consists of $450 million 3.3% notes due 2027 and $750 million 4.4% notes due 2047.
• The underwriters were led by Wells Fargo Securities, Regions Securities, Scotia Capital, and SunTrust Robinson Humphrey.

Kurt Stumpo - Journalist