FedEx launches $4.15B debt tender offer funded by FedEx Freight spin-off dividend

Filed June 25, 2026 · Period ending June 25, 2026 · ~1 min read

Key Changes

• high

  FedEx offers to repurchase up to $4.15 billion of debt across 19 note series (maturities 2028-2065) using $4.1 billion dividend received from FedEx Freight spin-off completed June 1, 2026.

  Item 8.01 — Other Events verify on EDGAR →
• high

  Tender offers use waterfall acceptance with early tender deadline July 9 (premium $30 per $1,000 principal), expiration July 24, designed to maintain leverage-neutral profile post-spin.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  FedEx Freight spin-off distributed 80.1% of shares to FedEx shareholders on June 1, with FedEx Freight paying $4.1 billion cash dividend to parent to fund debt reduction.

  Item 8.01 — Other Events verify on EDGAR →