United Parcel Service Announces Agreement to Issue $325 Million in Senior Notes

Details

announced an agreement to sell $325,105,000 aggregate principal amount of Floating Rate Senior Notes due 2076. The Company intends to use the net proceeds for general corporate purposes. This transaction is part of the Company's Registration Statement on Form S-3.

Items reported

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.