Davis Polk Advises FedEx Corporation on €3 Billion Notes Offering
Davis Polk advised FedEx Corporation (“FedEx”) on its SEC-registered offering of €500 million aggregate principal amount of floating-rate notes due 2019, €500 million aggregate principal amount of 0.500% notes due 2020, €750 million aggregate principal amount of 1.000% notes due 2023 and €1.25 billion aggregate principal amount of 1.625% notes due 2027.
Based in Memphis, Tennessee, FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services through operating companies competing collectively and managed collaboratively, under the respected FedEx brand.
The Davis Polk capital markets team included partner Nicholas A. Kronfeld and associates Alice Z. Chen, Judah Bareli and Yolanda Min. Counsel Craig A. Phillips and associates Isaac MacDonald and Mahalia S. Burford provided tax advice. All members of the Davis Polk team are based in the New York office.