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FedEx Discussions
fedx ground story 7-25-05
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<blockquote data-quote="moreluck" data-source="post: 57627"><p>MarketWatch </p><p>Market Pulse: FedEx inks new $1 billion credit facility </p><p>Tuesday July 26, 6:45 am ET </p><p>By Steve Goldstein </p><p> </p><p> </p><p>LONDON (MarketWatch) -- FedEx Corp. said it's inked a new five-year, $1 billion credit facility with banks including JP Morgan Chase and Bank of America. The new deal replaces a $750 million facility from Sept. 2001. </p><p> </p><p> </p><p>Question: Does this mean Fedex is lining up credit (big-time)? What are they planning to do,or buy with all these bucks?</p></blockquote><p></p>
[QUOTE="moreluck, post: 57627"] MarketWatch Market Pulse: FedEx inks new $1 billion credit facility Tuesday July 26, 6:45 am ET By Steve Goldstein LONDON (MarketWatch) -- FedEx Corp. said it's inked a new five-year, $1 billion credit facility with banks including JP Morgan Chase and Bank of America. The new deal replaces a $750 million facility from Sept. 2001. Question: Does this mean Fedex is lining up credit (big-time)? What are they planning to do,or buy with all these bucks? [/QUOTE]
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