Davis Polk Advises FedEx Corporation on Its €1 Billion Notes Offering
Davis Polk advised FedEx Corporation on its SEC-registered offering of €500 million principal amount of 0.450% notes due 2025 and €500 million principal amount of 1.300% notes due 2031.
Based in Memphis, Tennessee, FedEx provides a broad portfolio of transportation, e-commerce and business services through 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 Roman Shapurko. Partner Lucy W. Farr, counsel Leslie J. Altus and associate M. Jared Sanders provided U.S. tax advice. Partner Jonathan Cooklin and associate Rosie Upstill provided U.K. tax advice. Members of the Davis Polk team are based in the New York and London offices.