FedEx delivers its second euro note

Alex Radford

July 22, 2019 05:15 PM

Fedex_truck_PA_230_153 — (190625) -- NEW YORK, June 25, 2019 (Xinhua) -- A FedEx delivery truck is pictured in Manhattan, New York, the United States, June 25, 2019. U.S. courier delivery company FedEx Corp. on Monday sued the U.S. Department of Commerce over a request that the package giant enforce restrictions on Chinese telecom equipment provider Huawei. (Xinhua/Li Muzi) | Li Muzi/Xinhua News Agency/PA Images

FedEx has returned to the euro market for the second time in 2019. Having issued a €640m 3.3 year back in January, the Baa2/BBB US logistics company printed a €1bn six and 12-year dual-tranche on Monday. After a drop in reverse Yankee issuance last year, the euro market has proven attractive to US issuers this year, with a steady stream of deals through the first half of 2019.

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Topics

Deutsche Bank JP Morgan BNP Paribas Wells Fargo Securities Europe EMEA Corporate Bonds

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Alex Radford