FedEx Corp Files 8-K: Other Events and Debt Noted

Ticker: FDX · Form: 8-K · Filed: 2024-04-01T00:00:00.000Z

Sentiment: neutral

Topics: debt, filing, corporate-action

Related Tickers: FDX

TL;DR

FedEx filed an 8-K for 'Other Events' on 3/29, highlighting various debt notes due between 2025-2033.

AI Summary

On March 29, 2024, FedEx Corporation filed an 8-K report detailing "Other Events." The filing does not contain specific financial transactions or material agreements, but rather serves as a notification of events that may be of interest to investors. The report lists various debt instruments, including notes due in 2025, 2027, 2029, 2031, and 2033, indicating ongoing financial management and capital structure activities.

Why It Matters

This filing provides a snapshot of FedEx's ongoing financial activities and capital structure, which can be relevant for investors assessing the company's financial health and debt obligations.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for 'Other Events' and does not disclose any negative material information or significant changes.

Key Players & Entities

FAQ

What specific "Other Events" are being reported by FedEx Corporation in this 8-K filing?

The filing does not specify any particular "Other Events" beyond listing various debt instruments, suggesting it's a routine notification rather than disclosure of a singular event.

What are the maturity dates of the notes mentioned in the filing?

The filing mentions notes due in 2025, 2027, 2029, 2031, and 2033.

What is the filing date of this 8-K report?

The report was filed as of April 1, 2024, with the earliest event reported on March 29, 2024.

What is FedEx Corporation's state of incorporation and IRS Employer Identification Number?

FedEx Corporation is incorporated in Delaware and has an IRS Employer Identification No. of 62-1721435.

Does this filing indicate any new debt issuance or significant changes to FedEx's capital structure?

The filing lists existing debt instruments but does not explicitly state new issuances or significant changes; it appears to be a notification of ongoing financial obligations.

Filing Stats: 820 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-04-01 07:22:07

Key Financial Figures

Filing Documents

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS Certain statements herein, such as statements relating to FedEx's continuation of service through September 29, 2024, may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include those preceded by, followed by, or that include the words "will," "may," "could," "would," "should," "believes," "expects," "forecasts," "anticipates," "plans," "estimates," "targets," "projects," "intends," or similar expressions. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, a decision by the USPS to terminate the contract early which could negatively affect our profitability, and other factors which can be found in FedEx's press releases and filings with the SEC. Any forward-looking statement speaks only as of the date on which it is made. FedEx does not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FedEx Corporation Date: April 1, 2024 By: /s/ Clement E. Klank III Name: Clement E. Klank III Title: Corporate Vice President – Corporate Governance, Securities, and Tax Law

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