XPO, Inc. 7.125% 01-JUN-2031XPO, Inc. 7.125% 01-JUN-2031XPO, Inc. 7.125% 01-JUN-2031

XPO, Inc. 7.125% 01-JUN-2031

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XPO5589504 analysis



Key facts


Issuer
Issue date
May 24, 2023
Maturity date
Jun 1, 2031
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.13% (Fixed)
Yield to maturity
6.30%
XPO, Inc. engages in the provision of freight transportation services. It operates through the North American Less-Than-Truckload (North American LTL) and European Transportation segments. The North American LTL segment offers trailer manufacturing operations and domestic and cross-border services to and from the United States, Mexico, Canada, and the Caribbean. The European Transportation segment provides truckload, less-than-truckload, truck brokerage, managed transportation, last mile, freight forwarding, and multimodal solutions, such as road-trail and road-shirt sea combinations, to the consumer, trade, and industrial markets. The company was founded by Michael Welch and Keith Avery in May 1989 and is headquartered in Greenwich, CT.
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