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Prospect News home > News index > List of issuers G > Headlines for GXO Logistics Inc. > News item
Published on 6/14/2021 in the Prospect News High Yield Daily.

XPO Logistics unit to price offering of notes

By Rebecca Melvin

Concord, N.H., June 14 – XPO Logistics Inc. announced that GXO Logistics Inc. has commenced an offering of Rule 144A notes, subject to market conditions and other factors, according to a company news release.

GXO is expected to become a separate publicly traded company through the previously announced spinoff of the GXO segment from XPO. The spinoff is expected to occur in the third quarter.

XPO is a transportation and logistics company based in Greenwich, Conn.


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