Davis Polk Advises FedEx Corporation on Its $1.2 Billion Notes Offering
Davis Polk advised FedEx Corporation on its SEC-registered offering of $450 million principal amount of 3.300% notes due 2027 and $750 million principal amount of 4.400% notes due 2047.
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 and Eileen Juyon Park. Partner Lucy W. Farr, counsel Leslie J. Altus and associates Isaac MacDonald and Yoojin L. Kim provided tax advice. All members of the Davis Polk team are based in the New York office.