United Parcel Service, Inc. (NYSE:UPS) Files An 8-K Other Events

United Parcel Service, Inc. (NYSE:UPS) Files An 8-K Other Events

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Item8.01.

Other Events.

On March28, 2017, United Parcel Service, Inc. (the Company)
entered into an agreement (the March 28 Underwriting Agreement)
with the underwriters listed on Schedule II thereto (the
Underwriters), whereby the Company agreed to sell and the
Underwriters agreed to purchase from the Company, subject to and
upon the terms and conditions set forth in the March28
Underwriting Agreement, $142,115,000 aggregate principal amount
of Floating Rate Senior Notes due 2067 (the March 28
Transaction).

On March30, 2017, the Company entered into an agreement (the
March 30 Underwriting Agreement and, together with the March28
Underwriting Agreement, the Underwriting Agreements) with the
underwriter listed on Schedule II thereto (the Underwriter),
whereby the Company agreed to sell and the Underwriter agreed to
purchase from the Company, subject to and upon the terms and
conditions set forth in the March30 Underwriting Agreement,
$5,000,000 aggregate principal amount of Floating Rate Senior
Notes due 2067 (the March 30 Transaction and, together with the
March28 Transaction, the Transactions). The Company intends to
use the net proceeds of the Transactions for general corporate
purposes.

Copies of the Underwriting Agreements are attached hereto as
Exhibit 1.1 and Exhibit 1.2, respectively, and are incorporated
herein by reference. The foregoing summary does not purport to be
complete and is qualified in its entirety by reference to the
Underwriting Agreements.

The Company is filing this Current Report on Form 8-K so as to
file with the Securities and Exchange Commission certain items
related to the Transactions that are to be incorporated by
reference into its Registration Statement on Form S-3ASR
(Registration No.333-214056).

Item9.01. Financial Statements and Exhibits.

(d) Exhibits.

1.1 Underwriting Agreement, dated March28, 2017
1.2 Underwriting Agreement, dated March30, 2017
4.1 Form of Floating Rate Senior Note due 2067
5.1 Opinion of King Spalding LLP
23.1 Consent of King Spalding LLP (included in Exhibit 5.1)


About United Parcel Service, Inc. (NYSE:UPS)

United Parcel Service, Inc. (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The Company offers a spectrum of the United States domestic guaranteed ground and air package transportation services. The Company’s International Package segment includes the small package operations in Europe, Asia, Canada and Latin America, the Indian sub-continent, the Middle East and Africa. UPS offers a selection of guaranteed day and time-definite international shipping services. The Supply Chain & Freight segment consists of the Company’s forwarding and logistics services, truckload freight brokerage, UPS Freight and its financial offerings through UPS Capital. UPS offers a portfolio of guaranteed and non-guaranteed global air freight services.

United Parcel Service, Inc. (NYSE:UPS) Recent Trading Information

United Parcel Service, Inc. (NYSE:UPS) closed its last trading session up +0.64 at 107.30 with 2,474,401 shares trading hands.

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