# UNITED PARCEL SERVICE INC (UPS) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_9d3a1d3add8b92819b7c · retrieved 2026-08-14T08:04:33.860Z

## Overview
United Parcel Service, Inc. is a Delaware corporation engaged in trucking and courier services.

United Parcel Service, Inc. entered into an underwriting agreement on August 10, 2026 to issue $1,000,000,000 principal amount of 4.850% Senior Notes due 2031. Of this total, $550,000,000 will be offered to the public at 99.969% of principal amount, while $450,000,000 (the "Contributed Notes") will be allocated to the Company for contribution to its pension trusts: $200,000,000 to the UPS Retirement Plan Trust and $250,000,000 to the Master Trust. The underwriters will receive a 0.350% discount on the General Notes only. Settlement is expected on August 12, 2026 (T+2), with maturity on August 15, 2031.

## Terms
- Counterparty: Morgan Stanley & Co. LLC, Barclays Capital Inc., BNP Paribas Securities Corp., J.P. Morgan Securities LLC, and other underwriters · Deal value: $1.00B · Consideration: cash

## Key dates
- Announced 2026-08-12 · Expected close 2026-08-12

## Timeline
- 2026-08-12 · 8-K (0001104659-26-094502): 8-K - UNITED PARCEL SERVICE INC — *United Parcel Service, Inc. is a Delaware corporation engaged in trucking and courier services.* United Parcel Service, Inc. entered into an underwriting agreement on August 10, 2026 to issue $1,000,000,000 principal amount of 4.850% Senior Notes due 2031. Of this total, $550,000,000 will be offered to the public at 99.969% of principal amount, while $450,000,000 (the "Contributed Notes") will be allocated to the Company for contribution to its pension trusts: $200,000,000 to the UPS Retirement Plan Trust and $250,000,000 to the Master Trust. The underwriters will receive a 0.350% discount on the General Notes only. Settlement is expected on August 12, 2026 (T+2), with maturity on August 15, 2031.
  https://www.sec.gov/Archives/edgar/data/1090727/0001104659-26-094502.txt

## Citations
- 0001104659-26-094502 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926094502