Financing ·
FedEx Corporation announced the full redemption of its 1.300% Notes due 2031, confirming the total redemption price…
FDXFedex Corp
FedEx Corporation announced the full redemption of its 1.300% Notes due 2031, confirming the total redemption price will be $358,619,289.16 against an aggregate principal amount of $354,878,000. This significant debt repayment, which includes $3,741,289.16 in accrued interest, materially reduces the company's outstanding liabilities, providing investors with clarity regarding the company's balance sheet strength and near-term cash flow obligations.