FedEx Corp Financial Report: Key Insights on Debt Instruments and Maturity Profile

Based on the provided section of the financial report, here are the key insights and information:

Company Overview:

• Entity Name: FedEx Corp
• CIK: 0001048911
• Address: 942 South Shady Grove Road, Memphis, TN 38120
• Phone: (901) 818-7500
• Ticker Symbol: FDX (NYSE)
• Common Stock Par Value: $0.10

Reporting Context:

• Filing Date: February 24, 2025
• Filing Type: 8-K
• SEC File Number: 1-15829
• IRS Employer Identification Number: 62-1721435

Debt Instruments:

FedEx Corp has multiple debt instruments, which are key for understanding its leverage and financial obligations:

1. 0.450% Notes due 2025 (FDX 25A)
2. 1.625% Notes due 2027 (FDX 27)
3. 0.450% Notes due 2029 (FDX 29A)
4. 1.300% Notes due 2031 (FDX 31)
5. 0.950% Notes due 2033 (FDX 33)

Important Financial Details:

• The notes mentioned have various due dates ranging from 2025 to 2033, indicating a staggered maturity profile that can affect cash flow management and refinancing needs in the future.
• The different interest rates on the notes provide insight into the company’s cost of borrowing, which can impact profitability.

Summary:

This financial report section indicates FedEx Corp's financial structure concerning its stock and debt obligations. The staggered maturity of its notes could be strategically beneficial, allowing the company to manage its debt levels more effectively over time. As the company navigates through these obligations, ongoing monitoring of interest rates and overall debt levels will be crucial for assessing its financial health.