Davis Polk advised FedEx Corporation on its SEC-registered offering of $1 billion principal amount of 3.800% notes due 2025, $750 million principal amount of 4.250% notes due 2030 and $1.25 billion principal amount of 5.250% notes due 2050.
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, operating independently and managed collaboratively, under the respected FedEx brand.
The Davis Polk capital markets team included partner Nicholas A. Kronfeld and associates Ida Araya-Brumskine and David Li. Partner Lucy W. Farr, counsel Leslie J. Altus and associate Danielle Rapaccioli provided tax advice. All members of the Davis Polk team are based in the New York office.