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-0.00383915942614665 -0.00990099009900994 -0.00394423115780965 -0.00727419680743583 0.00525358658314807 0.0127298444130128 0.0165690038391594 0.0156597292382299
Stock impact report

GXO Announces Launch of Senior Notes Offering

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (“GXO” or the “company”) (NYSE: GXO) today announced that, subject to market and other conditions, it intends to offer one or more series of its senior notes in a registered public offering. GXO intends to use the net proceeds from the sale of the notes, together with borrowings under its previously announced term loan credit agreement entered into on March 29, 2024, to fund its pending acquisition of Wincanton plc (“Wincanton”), to fund the redemption, repayment, prepayment or satisfaction and discharge or other payment in satisfaction of indebtedness of the company and its subsidiaries, to pay fees and expenses in respect of the foregoing, and for general corporate purposes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The closing of the offering is not conditione Show less Read more
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