FedEx retires $4.86B debt via oversubscribed tender, funded by FedEx Freight spin dividend

Filed July 10, 2026 · Period ending July 10, 2026 · ~1 min read

Key Changes

• high

  FedEx will retire $4.857 billion in debt across 13 series, accepting 12 series in full and prorating the 5.100% 2044 notes at 41.3%; six lower-priority series rejected due to oversubscription.

  Item 8.01 — Other Events verify on EDGAR →
• high

  Tender funded primarily with ~$4.1 billion dividend from FedEx Freight received in connection with the June 1, 2026 spin-off, supplemented by cash on hand.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  Offers closed early after tenders exceeded the $4.15 billion cap by the July 9 deadline; settlement occurs July 14, 2026 with no final settlement date.

  Item 8.01 — Other Events verify on EDGAR →