UPS prices $1B debt offering; company receives $545.8M net proceeds, $450M in notes to pension trusts

Filed August 11, 2026 · ~1 min read

Key Changes

• high

  UPS prices $1 billion aggregate principal amount of notes; company receives net proceeds of $545.8 million after underwriting discounts and expenses.

  Use of Proceeds verify on EDGAR →
• high

  $450 million of the $1 billion notes (45%) will be contributed to UPS pension trusts (Independent Trust and Master Trust) with no proceeds to the company from that portion; an independent fiduciary will decide whether the trusts retain or sell the notes.

  Risk Factors verify on EDGAR →
• low

  Net proceeds will be used for general corporate purposes with no specific allocation disclosed.

  Use of Proceeds verify on EDGAR →