XPO LOGISTICS, INC. (NYSE:XPO) Files An 8-K Termination of a Material Definitive AgreementItem 1.02.Termination of a Material Definitive Agreement.
On December 15, 2017, XPO Logistics, Inc. (the “Company”) redeemed all of its 5.75% Senior Notes due 2021 (the “Notes”) issued under that certain Indenture dated as of June 9, 2015 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), by and among the Company, the guarantors party thereto, The Bank of New York Mellon Trust Company, N.A., as trustee, and the other parties thereto, in accordance with the optional redemption provisions contained in the Indenture. Immediately prior to the redemption, €500 million of aggregate principal amount of Notes was outstanding. The redemption price for the Notes was 102.8750% of the aggregate principal amount redeemed.
About XPO LOGISTICS, INC. (NYSE:XPO)
XPO Logistics, Inc. is a transportation and logistics company. The Company provides supply chain solutions. The Company operates in two segments: Transportation and Logistics. In the Transportation segment, it provides multiple services to facilitate the movement of raw materials, parts and finished goods. Its transportation services include freight brokerage, last mile, expedite, intermodal, less-than-truckload (LTL), full truckload and global forwarding services. Freight brokerage, last mile, expedite and global forwarding are all non-asset or asset-light businesses. LTL and full truckload are asset-based. In Logistics segment, it provides a range of contract logistics services, including highly engineered and customized solutions, e-commerce fulfillment and reverse logistics, as well as warehousing and distribution solutions, such as factory support, aftermarket support, integrated manufacturing, packaging, labeling, distribution and transportation.