FedEx Files 8-K: Debt Offerings and Shareholder Matters
Ticker: FDX · Form: 8-K · Filed: 2024-09-24T00:00:00.000Z
Sentiment: neutral
Topics: debt-offering, corporate-governance, filing
TL;DR
FedEx filed an 8-K detailing debt offerings and shareholder votes.
AI Summary
FedEx Corp. filed an 8-K on September 24, 2024, reporting on matters submitted to a vote of security holders and other events. The filing includes details on various debt instruments, such as notes due in 2025, 2027, 2029, 2031, and 2033, with specific interest rates and maturity dates. It also mentions amendments to bylaws and the submission of matters for shareholder approval.
Why It Matters
This filing provides insight into FedEx's ongoing financing activities and corporate governance, which can impact investor confidence and the company's financial structure.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and debt instruments, not indicating any immediate operational or financial distress.
Key Numbers
- 0.450% — Interest Rate (Notes due 2025)
- 1.625% — Interest Rate (Notes due 2027)
- 0.450% — Interest Rate (Notes due 2029)
- 1.300% — Interest Rate (Notes due 2031)
- 0.950% — Interest Rate (Notes due 2033)
Key Players & Entities
- FEDEX CORP (company) — Filer
- FDX CORP (company) — Former Company Name
- 0001048911 (company) — Central Index Key
- 20240923 (date) — Period of Report
- 20240924 (date) — Filing Date
FAQ
What specific matters were submitted to a vote of FedEx Corp. security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What is the purpose of the 8-K filing dated September 24, 2024?
The 8-K filing is a current report by FedEx Corp. detailing amendments to bylaws, submission of matters to a vote of security holders, other events, and financial statements and exhibits.
What are the maturity dates for the notes issued by FedEx Corp. mentioned in the filing?
The filing mentions notes due in 2025, 2027, 2029, 2031, and 2033.
What is FedEx Corp.'s Standard Industrial Classification (SIC) code?
FedEx Corp.'s SIC code is 4513, categorized under AIR COURIER SERVICES.
When was FedEx Corp. incorporated, and in which state?
FedEx Corp. was incorporated in Delaware (DE).
Filing Stats: 1,365 words · 5 min read · ~5 pages · Grade level 9.7 · Accepted 2024-09-24 16:45:03
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share FDX New York Stock Exchan
Filing Documents
- d884448d8k.htm (8-K) — 78KB
- d884448dex31.htm (EX-3.1) — 7KB
- d884448dex991.htm (EX-99.1) — 6KB
- 0001193125-24-224857.txt ( ) — 283KB
- fdx-20240923.xsd (EX-101.SCH) — 5KB
- fdx-20240923_def.xml (EX-101.DEF) — 16KB
- fdx-20240923_lab.xml (EX-101.LAB) — 26KB
- fdx-20240923_pre.xml (EX-101.PRE) — 17KB
- d884448d8k_htm.xml (XML) — 11KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 3.1 Certificate of Amendment to Third Amended and Restated Certificate of Incorporation of FedEx Corporation, effective as of September 24, 2024. 99.1 Compensation Arrangements with Outside Directors. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
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: September 24, 2024 By: /s/ C. Edward Klank III C. Edward Klank III Corporate Vice President - Corporate Governance, Securities, and Tax Law