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AMSTERDAM - GXO Logistics Capital B.V., a subsidiary of GXO Logistics, Inc., announced Tuesday it plans to issue €500 million in 5-year senior registered notes, according to a stabilization notice.
Deutsche Bank AG will serve as the Stabilization Coordinator for the offering, with Barclays (as bookrunner and dealer), Deutsche Bank, and Goldman Sachs acting as Stabilization Managers. The stabilization period is expected to begin November 18, 2025, and end no later than December 23, 2025.
The initial price guidance for the notes indicates a spread of approximately 170 basis points over the mid-swap rate. The notes will be issued with the ISIN code XS3238162716.
During the stabilization period, the managers may over-allot securities or conduct transactions to support the market price of the securities at a level higher than might otherwise prevail, though stabilization is not guaranteed to occur.
The securities will be guaranteed by GXO Logistics, Inc., the parent company. GXO Logistics is a contract logistics provider that spun off from XPO Logistics in 2021.
The notes have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an exemption.
This offering is directed at qualified investors in the European Economic Area and the United Kingdom as defined by applicable regulations.
The information about the planned bond issuance was provided in a press release statement distributed through the London Stock Exchange's news service.
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