FedEx Corp (FDX) 2020-2

USD970.00013.5Aug-351st LienAa3AA--FixedTsy2-2.125%-1331.88%-100.00000
Tranche Comments
13.5 yr: Book size: 2350; Registration: Registered; Comments: US$970m(upsized from US$690m) 13.5yr 1.875% fxd. pass thru certs SEC Registered. Aa3/AA-. Citi/DB/MS. 2%/2.125%. T+133bp GCP;
Deal Comments
Pass Through Trusts 2020-1. Active Bookrunners: DB, CITI(B&D), MS. Passive Bookrunner: BNPP
14 freighter aircraft with an average age of 2.4 years - 10x Boeing 767-300F (Sep 2015 to Jan 2019 delivery) - 4x Boeing 777F (Nov 2017 to Jun 2020 delivery)
Use of Proceeds
General corporate purposes

Explore all other research.