FedEx announces early results of debt exchange offers linked to FedEx Freight spin-off

FEDEX CORP

Requisite consents received for 15 series of Majority Existing Notes (~$10.95B total); 6 Non-Majority series still below threshold.
Amended terms: later tenders of Majority Notes get $1,000 new notes/$1,000 old (no cash); Non-Majority get full consideration including cash.
Exchange offers and consent solicitations expire Feb 6, 2025; part of planned separation of FedEx Freight into new public company.
Separation not conditioned on exchange offers; none of the offers conditioned on separation.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.