XPO Logistics Announces Launch of GXO’s Notes Offering
XPO, Inc. (XPO)
Last xpo, inc. earnings: 2/10 04:15 pm
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Source: GlobeNewswire
GREENWICH, Conn., June 14, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (“XPO” or the “company”) (NYSE: XPO) today announced that GXO Logistics, Inc. (“GXO”), its wholly owned subsidiary, has commenced an offering of 144A notes with registration rights (the “notes”), subject to customary market conditions and other factors. GXO is expected to become a separate publicly traded company through the previously announced spin-off of XPO’s logistics segment. The notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States, only to non-U.S. investors pursuant to Regulation S. The notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requi
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