UPS announces that it will float a series of Senior Notes with 5-year, 10-year, and 30-year...

|By:, SA News Editor
UPS announces that it will float a series of Senior Notes with 5-year, 10-year, and 30-year offerings planned for a total amount of $1.75B. The company isn't doing so bad for itself after it just saw an equal amount of bonds mature with a coupon rate of 4.50% compared to the rates of 1.125%, 2.45%, and 3.625% it's paying on the new issues, respectively.