XPO, Inc 8-K, filed Apr 11, 2022
XPO, Inc. (XPO)
About this 8-K
XPO, Inc filed this 8-K on April 11, 2022.
Items reported
- Item 2.04: Debt obligation accelerated or increased
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 2.04. Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
As previously disclosed on its Current Report on Form 8-K filed on March 28, 2022, on March 25, 2022, XPO Logistics, Inc. (the “Company”) provided notice to Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association (in such capacity, the “Trustee”), under that certain Indenture, dated as of April 28, 2020 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), by and among the Company, certain subsidiaries of the Company and the Trustee, that on April 9, 2022 (the “Redemption Date”), the Company would redeem $630 million (the “Redeemed Notes”) of the $1.15 billion in aggregate principal amount of its outstanding 6.250% Senior Notes due 2025 (the “Notes”) at a redemption price of 100% of the principal amount thereof plus the Applicable Premium (as defined in the Indenture) as of, and accrued and unpaid interest to, but excluding, the Redemption Date, in accordance with the terms of the Indenture. On April 9, 2022, the Company completed the redemption of the Redeemed Notes in accordance with the terms of the Indenture. The partial redemption of the Notes resulted in $520 million aggregate principal amount of Notes remaining outstanding.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 11, 2022 |
XPO LOGISTICS, INC. |
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| By: | /s/ Ravi Tulsyan | |
| Name: Ravi Tulsyan | ||
| Title: Chief Financial Officer | ||