Summary
FedEx Corporation (FDX) has announced the full redemption of its outstanding 1.300% Notes due 2031. The company issued a notice of redemption on May 13, 2026, with a redemption date set for May 28, 2026. This action involves a principal amount of €354,878,000 and will be settled at a calculated redemption price of €358,619,289.16. This redemption price includes the principal amount plus accrued and unpaid interest up to the redemption date. The redemption is being executed in accordance with the terms of the indenture governing these notes, and the exact calculation of the redemption price considers market conditions and contractual provisions. Investors holding these notes should anticipate receiving their principal plus accrued interest on the specified redemption date.
Key Highlights
- 1FedEx is fully redeeming its 1.300% Notes due 2031.
- 2The aggregate principal amount of the notes being redeemed is €354,878,000.
- 3The redemption date for these notes is May 28, 2026.
- 4The total redemption price, including accrued interest, is calculated to be €358,619,289.16.
- 5The redemption price includes €3,741,289.16 in accrued and unpaid interest.
- 6The redemption is being executed as per the terms of the indenture governing the notes.