FedEx Corporation’s $1.2 Billion Debt Offering


Simpson Thacher represented the underwriters, led by Wells Fargo Securities, LLC, Regions Securities LLC, Scotia Capital (USA) Inc. and SunTrust Robinson Humphrey, Inc., in connection with a public offering by FedEx Corporation (“FedEx”) of $450 million aggregate principal amount of 3.3% Notes due 2027 and $750 million aggregate principal amount of 4.4% Notes due 2047.

The Notes are guaranteed by nine subsidiaries of FedEx.

The Simpson Thacher team for the transaction included, among others, Risë Norman (Picture), Sung Bum Cho and Sam Rudik (Corporate); Jonathan Cantor and Taylor Weinstein (Tax); Michael Isby (Environmental); Paul Koppel (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).

Involved fees earner: Risë Norman – Simpson Thacher & Bartlett; Sung Bum Cho – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Taylor Weinstein – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Paul Koppel – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Wells Fargo; Scotia Capital Inc.; SunTrust Robinson Humphrey, Inc.; Regions Securities LLC;

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Author: Ambrogio Visconti