secwatch / observer
8-K filed April 29, 2024, 7:59 PM ET ticker GXO CIK 0001852244
debt confidence high sentiment neutral materiality 0.75

GXO Logistics issues $1.1B senior notes to fund Wincanton acquisition and refinancing

GXO Logistics, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GXO Logistics, Inc. entered into Underwriting Agreement with BofA Securities, Inc. and Goldman Sachs & Co. LLC, acting for themselves and as representatives of the several underwriters named therein valued at $1.1 billion (effective 2024-04-25).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc. and Goldman Sachs & Co. LLC, acting for themselves and as representatives of the several underwriters named therein
Value
$1.1 billion
Effective
2024-04-25
Exact text from the filing
On April 25, 2024, GXO Logistics, Inc. (“GXO”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and Goldman Sachs & Co. LLC, acting for themselves and as representatives of the several underwriters named therein (collectively, the “Underwriters”), pursuant to which GXO agreed to issue and sell to the Underwriters $1.1 billion aggregate principal amount of its senior notes, consisting of $600 million in aggregate principal amount of its 6.250% senior notes due 2029 (the “2029 Notes”) and $500 million in aggregate principal amount of its 6.500% senior notes due 2034 (the “2034 Notes,” and together with the 2029 Notes, the “Notes”) in a registered public offering.
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GXO Logistics, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-054173
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