{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-004325","form_type":"8-K","ticker":"FDX","cik":"0001048911","company_name":"FEDEX CORP","filed_at":"2026-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.463094+00:00","generated_at":"2026-05-16T09:42:37.144872+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"FedEx Freight secures $1.8B in credit facilities for spin-off; director resigns to join Freight board","bullets":["FedEx Freight entered a $1.2B revolving credit facility (incl. $50M LC sub-facility) and a $600M term loan on Jan 15, 2026.","Proceeds to finance a cash distribution to FedEx and pay spin-off fees; facilities conditioned on spin-off consummation.","Director Stephen E. Gorman resigned from FedEx board effective upon joining FedEx Freight board after spin-off; no disagreements.","Revolving credit facility matures 5 years from closing; term loan matures 3 years after funding; no scheduled amortization."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-004325","json":"https://secwatch.observer/filing/0001104659-26-004325.json","markdown":"https://secwatch.observer/filing/0001104659-26-004325.md","text":"https://secwatch.observer/filing/0001104659-26-004325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926004325/0001104659-26-004325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926004325/tm2520565d9_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:42:37.144872+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d8678441fce4b45d86cc012072d8b70890989ab9","claim":"FEDEX CORP incurred term loan of $600 million with JPMorgan Chase Bank, N.A. maturing three-year anniversary of the funding date.","evidence_excerpt":"a three-year delayed draw term loan facility in the aggregate principal amount of $600 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926004325/0001104659-26-004325-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$600 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Maturity","value":"three-year anniversary of the funding date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ff1caa1be67adfbf9b4cd71ab6d0c735a4dce110","claim":"FEDEX CORP incurred revolving credit of $1.2 billion with JPMorgan Chase Bank, N.A. maturing fifth anniversary of the closing date.","evidence_excerpt":"a five-year revolving credit facility in an aggregate committed amount of $1.2 billion","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926004325/0001104659-26-004325-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.2 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Maturity","value":"fifth anniversary of the closing date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}