UPS prices $321.2M floating-rate note offering linked to SOFR for general corporate purposes

Filed August 14, 2026 · ~1 min read

Key Changes

• medium

  UPS will receive $321.2 million in net proceeds (after underwriting discount and expenses) for general corporate purposes, with no specific allocation disclosed.

  Use of Proceeds verify on EDGAR →
• medium

  The notes use SOFR as the interest rate benchmark, which has historically been more volatile than USD LIBOR and other market rates, potentially causing greater interest rate fluctuations.

  Risk Factors verify on EDGAR →
• medium

  Very limited market precedent exists for SOFR-linked securities and calculation methods vary, which may result in lower trading prices and reduced liquidity compared to securities using more established benchmarks.

  Risk Factors verify on EDGAR →