0001193125-12-312715.txt : 20120725 0001193125-12-312715.hdr.sgml : 20120725 20120724185931 ACCESSION NUMBER: 0001193125-12-312715 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120725 DATE AS OF CHANGE: 20120724 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FEDEX CORP CENTRAL INDEX KEY: 0001048911 STANDARD INDUSTRIAL CLASSIFICATION: AIR COURIER SERVICES [4513] IRS NUMBER: 621721435 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-160953 FILM NUMBER: 12977544 BUSINESS ADDRESS: STREET 1: 942 SOUTH SHADY GROVE ROAD CITY: MEMPHIS STATE: TN ZIP: 38120- BUSINESS PHONE: 9018187500 MAIL ADDRESS: STREET 1: 942 SOUTH SHADY GROVE ROAD CITY: MEMPHIS STATE: TN ZIP: 38120- FORMER COMPANY: FORMER CONFORMED NAME: FDX CORP DATE OF NAME CHANGE: 19971103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FEDEX FREIGHT INC CENTRAL INDEX KEY: 0001139414 IRS NUMBER: 710562003 STATE OF INCORPORATION: AR FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2200 FORWARD DRIVE CITY: HARRISON STATE: AR ZIP: 72601 BUSINESS PHONE: 901-818-7167 MAIL ADDRESS: STREET 1: 2200 FORWARD DRIVE CITY: HARRISON STATE: AR ZIP: 72601 FORMER COMPANY: FORMER CONFORMED NAME: FEDEX FREIGHT EAST INC DATE OF NAME CHANGE: 20020430 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN FREIGHTWAYS INC DATE OF NAME CHANGE: 20010427 FWP 1 d383450dfwp.htm FREE WRITING PROSPECTUS FREE WRITING PROSPECTUS

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-160953

FedEx Corporation

Final Term Sheet for 2.625% Notes Due 2022 and 3.875% Notes Due 2042

Dated July 24, 2012

 

Issuer:

   FedEx Corporation

Guarantors:

   Federal Express Corporation, FedEx Ground Package System, Inc., FedEx Freight Corporation, FedEx Freight, Inc., FedEx Corporate Services, Inc., FedEx TechConnect, Inc., FedEx Office and Print Services, Inc., Federal Express Europe, Inc., Federal Express Holdings S.A. and Federal Express International, Inc.

2.625% Notes Due 2022

  

Size:

   $500,000,000

Maturity:

   August 1, 2022

Coupon (Interest Rate):

   2.625%

Price to Public:

   99.746% of principal amount

Yield to Maturity:

   2.654%

Benchmark Treasury:

   UST 1.75% due May 15, 2022

Benchmark Treasury Price and Yield:

   103-05; 1.404%

Spread to Benchmark Treasury:

   1.25% (Plus 125 basis points)

Interest Payment Dates:

   February 1 and August 1, beginning February 1, 2013

Make-Whole Redemption:

   T+20 basis points

CUSIP:

   31428XAS5

3.875% Notes Due 2042

  

Size:

   $500,000,000

Maturity:

   August 1, 2042

Coupon (Interest Rate):

   3.875%

Price to Public:

   98.480% of principal amount

Yield to Maturity:

   3.962%

Benchmark Treasury:

   UST 3.125% due February 15, 2042

Benchmark Treasury Price and Yield:

   113-27+; 2.462%

Spread to Benchmark Treasury:

   1.50% (Plus 150 basis points)

Interest Payment Dates:

   February 1 and August 1, beginning February 1, 2013

Make-Whole Redemption:

   T+25 basis points

CUSIP:

   31428XAT3

Matters Applicable to 2.625% Notes Due 2022 and 3.875% Notes Due 2042

Settlement:

   July 27, 2012 (T+3)

Format:

   SEC Registered (No. 333-160953)

Listing:

   None

Ratings (Moody’s/S&P):

   Baa1/BBB

Joint Book-Running Managers:

  

Goldman, Sachs & Co.

J.P. Morgan Securities LLC

Citigroup Global Markets Inc.

Merrill Lynch, Pierce, Fenner & Smith

                      Incorporated

Mizuho Securities USA Inc.

Co-Managers:

  

BNP Paribas Securities Corp.

Deutsche Bank Securities Inc.

Morgan Keegan & Company, Inc.

Morgan Stanley & Co. LLC

Samuel A. Ramirez & Company, Inc.

Scotia Capital (USA) Inc.

SunTrust Robinson Humphrey, Inc.

The Williams Capital Group, L.P.

Wells Fargo Securities, LLC

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

This final term sheet supplements, and should be read in conjunction with, FedEx Corporation’s preliminary prospectus supplement dated July 24, 2012 and accompanying prospectus dated July 31, 2009 and the documents incorporated by reference therein.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll-free at 1-866-471-2526 or J.P. Morgan Securities LLC collect at 212-834-4533.