UPS has launched $2bn notes in a two-part sale, according to IFR, a Thomas Reuters service.
UPS has launched $2bn notes in a two-part sale, according to IFR, a Thomas Reuters service.
The offering includes $1bn in five-year notes expected to yield 230 basis points over US Treasuries and $1bn in 10-year notes expected to yield 255 basis points over Treasuries.
The joint lead managers on the sale are Citigroup Global Markets and JPMorgan.