GXO Announces Pricing of $1.1 Billion Notes Offering

GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. ("GXO" or the "company") (NYSE:GXO) today announced the pricing of $600 million of notes due 2029 (the "2029 notes") and $500 million of notes due 2034 (the "2034 notes", and together with the 2029 notes, the "notes") in a registered public offering. Each offering of notes is expected to close on May 6, 2024, subject to the satisfaction of customary closing conditions. The 2029 notes will bear interest at a rate of 6.250% per annum pay ...