FedEx to reduce debt by 11% after euro and dollar banknote offers

© Reuters. FILE PHOTO: A FedEx truck drives through downtown Los Angeles, California, United States, July 22, 2019. REUTERS / Mike Blake

(Reuters) – U.S. delivery company FedEx Corp (NYSE 🙂 said on Tuesday it would cut debt by 11% after completing the $ 1.75 billion offer of U.S. dollar denominated notes and $ 1, 25 billion euro banknotes.

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