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United Parcel Service logoUnited Parcel Service UPS

UPS said that on May 12, 2025, it entered into an Underwriting Agreement with the underwriters listed on Schedule II to sell senior notes to them.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. UPS said that on May 12, 2025, it entered into an Underwriting Agreement with the underwriters listed on Schedule II to sell senior notes to them.

  2. The company said it agreed to sell $500,000,000 principal amount of 4.650% Senior Notes due 2030 and $1,250,000,000 principal amount of 5.250% Senior Notes due 2035.

  3. It said it also agreed to sell, under the underwriting agreement, $1,250,000,000 principal amount of 5.950% Senior Notes due 2055 and $1,000,000,000 principal amount of 6.050% Senior Notes due 2065.

  4. The company said it plans to use the net proceeds of the Transaction for general corporate purposes. It said it is filing this 8-K to file items for incorporation by reference into its Form S-3 (Registration No. 333-285036).

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Underwriting Agreement signed on May 12, 2025

UPS said that on May 12, 2025, it entered into an Underwriting Agreement with the underwriters listed on Schedule II to sell senior notes to them.

Source · Based on the filing body and exhibits

4.650% and 5.250% Senior Notes Issuance Details

The company said it agreed to sell $500,000,000 principal amount of 4.650% Senior Notes due 2030 and $1,250,000,000 principal amount of 5.250% Senior Notes due 2035.

Source · Based on the filing body and exhibits

5.950% and 6.050% Senior Notes Issuance Details

It said it also agreed to sell, under the underwriting agreement, $1,250,000,000 principal amount of 5.950% Senior Notes due 2055 and $1,000,000,000 principal amount of 6.050% Senior Notes due 2065.

Source · Based on the filing body and exhibits

Use of Net Proceeds and Link to Form S-3

The company said it plans to use the net proceeds of the Transaction for general corporate purposes. It said it is filing this 8-K to file items for incorporation by reference into its Form S-3 (Registration No. 333-285036).

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.