Form 8-K · Current Report · Filed 2024-05-22
UPS, Inc. Announces New Senior Notes Issuance
On May 20, 2024, United Parcel Service, Inc.
- Filer
- United Parcel Service, Inc. UPS · NYSE
- Filed
- Accession
- 0001104659-24-064258
- CIK
- 0001090727
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Details
(UPS) announced the sale of $900,000,000 principal amount of 5.150% Senior Notes due 2034, $1,100,000,000 principal amount of 5.500% Senior Notes due 2054, and $600,000,000 principal amount of 5.600% Senior Notes due 2064. The net proceeds from the issuance will be used for general corporate purposes. This announcement is made pursuant to the Underwriting Agreement and is incorporated by reference into the company's Registration Statement on Form S-3ASR.
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$145.42
Next session
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Since filing
-28.3%
Latest close
$104.22
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Precedent
Previous filings from UPS reporting the same item, with the next session's move:
Exhibits (5)
About United Parcel Service, Inc.
United Parcel Service, Inc. is a global package delivery and supply chain management company. As one of the world's largest courier companies, it plays a crucial role in e-commerce and international trade by providing time-sensitive delivery services and efficient logistics solutions. UPS operates in various sectors, including retail, healthcare, and industrial manufacturing, offering services such as package delivery, freight transportation, and contract logistics. The company's extensive network spans over 220 countries and territories, facilitating the flow of goods and information across borders. With a focus on innovation, UPS integrates advanced technologies like tracking systems, GPS, and automated sorting facilities to enhance efficiency and customer satisfaction. Founded in 1907 and headquartered in Atlanta, Georgia, UPS is a pivotal player in the transport and logistics industry, supporting businesses and consumers with reliable and scalable delivery options.
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