8-KOther EventsExhibits & Filings

FEDEX CORP 8-K Report, Corporate Update (Aug 8, 2006)

Filed August 8, 2006For Securities:FDX

Summary

FedEx Corporation (FDX) filed an 8-K on August 8, 2006, to report on the issuance of new debt. Specifically, the company successfully sold $500 million in Floating Rate Notes due 2007 and $500 million in 5.50% Notes due 2009, totaling $1 billion in aggregate principal amount. This filing is primarily to incorporate these debt offerings into a previously filed registration statement on Form S-3. Investors should note that this report focuses on the financing activities and does not contain new operational or financial performance metrics, but rather information regarding the company's capital structure and funding.

Key Highlights

  • 1FedEx Corporation issued $1 billion in new debt on August 8, 2006.
  • 2The issuance included $500 million of Floating Rate Notes due 2007.
  • 3The issuance also included $500 million of 5.50% Notes due 2009.
  • 4This debt issuance was registered under a previously filed Form S-3 (Registration No. 333-136253).
  • 5The filing incorporates by reference the underwriting agreement and indenture documents related to the debt issuance.
  • 6The report serves as notification of these financing activities.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report on FedEx Corporation's issuance of $1 billion in new debt, consisting of Floating Rate Notes due 2007 and 5.50% Notes due 2009. It also serves to incorporate these debt issuances into a previously filed registration statement.

FedEx issued two types of notes: $500 million aggregate principal amount of Floating Rate Notes due 2007 and $500 million aggregate principal amount of 5.50% Notes due 2009.

No, this 8-K filing focuses solely on the financing activities of the company and does not include new operational or financial performance metrics. It details the issuance of debt and related documentation.

The mention of the Form S-3 registration statement (Registration No. 333-136253) indicates that FedEx had pre-registered its ability to issue securities. This 8-K filing is used to update that registration to include the specific notes being issued and their related guarantees.