Davis Polk & Wardwell advised FedEx Corporation on its SEC-registered offering of $250 million principal amount of 7.375% notes due 2014 and $750 million principal amount of 8.000% notes due 2019. The joint book-running managers of the offering were SunTrust Robinson Humphrey, Inc., Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Morgan Keegan & Company, Inc.

Based in Memphis, Tennessee, FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. The company offers integrated business applications through operating companies under the FedEx brand.

The Davis Polk corporate team included partner Nicholas A. Kronfeld and associates Byron B. Rooney and Eilleen J. Park. Counsel Leslie J. Altus and associate Craig A. Phillips provided tax advice. James H. McCormick was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.