---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-269610"
form_type: "8-K"
ticker: "FDX"
cik: "0001048911"
company_name: "FEDEX CORP"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:20:07.430717+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FedEx amends $3.5B credit facilities in preparation for Freight spin-off by June 2026

## Summary
- Amended $1.75B three-year and $1.75B five-year credit agreements to facilitate planned FedEx Freight spin-off.
- FedEx Freight guarantees will be released upon consummation of spin-off, expected by June 2026.
- Covenant calculation excludes up to $600M in spin-off-related debt and costs from EBITDA.
- Lender commitments extended to March 2028 (three-year) and March 2030 (five-year); 10bps credit spread removed.
- Pricing grid margins modified; banks include JPMorgan, Bank of America, Citi, and others.

## SEC filing metadata
- accession: 0001193125-25-269610
- form_type: 8-K
- ticker: FDX
- cik: 0001048911
- company_name: FEDEX CORP
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048911/000119312525269610/0001193125-25-269610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048911/000119312525269610/d48279d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-269610
- JSON: https://secwatch.observer/filing/0001193125-25-269610.json
- Plain text: https://secwatch.observer/filing/0001193125-25-269610.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.