UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Item 8.01. | Other Events. |
On May 20, 2024, the Company entered into an agreement (the “Underwriting Agreement”) with the underwriters listed on Schedule II thereto (the “Underwriters”), whereby the Company agreed to sell and the Underwriters agreed to purchase from the Company, subject to and upon the terms and conditions set forth in the Underwriting Agreement, $900,000,000 principal amount of 5.150% Senior Notes due 2034, $1,100,000,000 principal amount of 5.500% Senior Notes due 2054 and $600,000,000 principal amount of 5.600% Senior Notes due 2064 (the “Transaction”).
The Company intends to use the net proceeds of the Transaction for general corporate purposes.
A copy of the Underwriting Agreement is attached hereto as Exhibit 1.1 and is incorporated herein by reference. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement.
The Company is filing this Current Report on Form 8-K in order to file with the Securities and Exchange Commission certain items related to the Transaction that are to be incorporated by reference into its Registration Statement on Form S-3ASR (Registration No. 333-267664).
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
4.1 Form of 5.150% Senior Notes due 2034
4.2 Form of 5.500% Senior Notes due 2054
4.3 Form of 5.600% Senior Notes due 2064
5.1 Opinion of King & Spalding LLP
23.1 Consent of King & Spalding LLP (included in Exhibit 5.1)
104 Cover Page Interactive Data File
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITED PARCEL SERVICE, INC. | |||
| Date: May 22, 2024 | By: | /s/ Brian Newman | |
| Name: Brian Newman | |||
| Title: Executive Vice President and Chief Financial Officer | |||