UPS Plans First Bond Sale in Two Years With Three-Part Offering

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UPS Plans First Bond Sale in Two Years With Three-Part Offering - Bloomberg

United Parcel Service Inc. (UPS) plans to refinance $1.75 billion of maturing debt by issuing bonds for the first time in almost two years with a three-part offering.

The world’s largest package-delivery company intends to use proceeds from the sale to repay its 4.5 percent notes due in January and for general corporate purposes, Atlanta-based UPS said today in a regulatory filing.
 
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