# UNITED PARCEL SERVICE INC (UPS) — capital_raise/public_offering [announced]
Source: sec.gov · situation sit_b9a0b487823cb95edaee · public 2664830847509635229 · retrieved 2026-08-19T12:50:15.209Z

## Overview
United Parcel Service, Inc. is a Delaware corporation engaged in trucking and courier services that provides package delivery and logistics solutions globally.

United Parcel Service, Inc. entered into an underwriting agreement on August 14, 2026 to issue and sell $325,105,000 aggregate principal amount of Floating Rate Senior Notes due 2076 to a syndicate of underwriters led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and UBS Securities LLC. The notes will bear interest at a floating rate equal to the greater of Compounded SOFR less 0.350% or 0.00%, with interest payable quarterly commencing December 1, 2026. The company intends to use the net proceeds for general corporate purposes.

## Terms
- Counterparty: J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC · Deal value: $325.1M · Consideration: cash

## Key dates
- Announced 2026-08-18

## Timeline
- 2026-08-18 · 8-K (0001104659-26-098351): 8-K - UNITED PARCEL SERVICE INC — *United Parcel Service, Inc. is a Delaware corporation engaged in trucking and courier services that provides package delivery and logistics solutions globally.* United Parcel Service, Inc. entered into an underwriting agreement on August 14, 2026 to issue and sell $325,105,000 aggregate principal amount of Floating Rate Senior Notes due 2076 to a syndicate of underwriters led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and UBS Securities LLC. The notes will bear interest at a floating rate equal to the greater of Compounded SOFR less 0.350% or 0.00%, with interest payable quarterly commencing December 1, 2026. The company intends to use the net proceeds for general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/1090727/0001104659-26-098351.txt

## Citations
- 0001104659-26-098351 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926098351