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

Discussion in 'The Latest UPS Headlines' started by cheryl, Sep 24, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    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.