The Firm recently represented the underwriters, led by Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in connection with a public offering by FedEx Corporation of $500 million aggregate principal amount of 2.625% Notes due 2022 and $500 million aggregate principal amount of 3.875% Notes due 2042. The Notes are guaranteed by 10 subsidiaries of FedEx. The offering closed on July 27, 2012.
FedEx provides transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand.
The Simpson Thacher team for the transaction included, among others, Glenn M. Reiter, Rhett Brandon, Lauren Yoon and Tony Rim (Corporate); Jonathan Cantor and Vanessa Cohen (Tax); and Jennie Getsin (FINRA and Blue Sky).
