Bond FedExx 2.625% ( US31428XAS53 ) in USD
Issuer | FedExx |
Market price | 102.815 % ▲ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 2.625% per year ( payment 2 times a year) |
Maturity | 01/08/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 500 000 000 USD |
Cusip | 31428XAS5 |
Detailed description |
FedEx Corp. is a global courier delivery services company providing express transportation, ground transportation, and freight services through various subsidiaries, including FedEx Express, FedEx Ground, FedEx Freight, and FedEx Office. A notable fixed-income instrument, identified by its ISIN US31428XAS53 and CUSIP 31428XAS5, was issued by FedEx, a globally recognized leader in logistics and package delivery based in the United States. As a diversified global express transportation, small-package ground delivery, and freight services company, FedEx's robust operational footprint and market leadership provide a strong foundation for its debt issuances, making them a significant consideration for fixed-income investors. This specific obligation, denominated in USD, featured a fixed annual interest rate of 2.625% and represented a total issuance size of $500,000,000, with a minimum purchase size set at $1,000. Prior to its maturity, the bond was observed trading on the market at a price of 102.815% of its par value, reflecting market demand and prevailing interest rate conditions. Interest payments were structured for semi-annual distribution, ensuring consistent income streams for bondholders. The bond reached its scheduled maturity on August 1, 2022, and has since been fully redeemed, signifying the successful conclusion of its lifecycle for investors and the issuer alike. |