GXO Announces Completion of Inaugural European Bond Offering

Rhea-AI Summary

GXO (NYSE: GXO) announced completion of its inaugural European bond offering through subsidiary GXO Logistics Capital B.V., issuing €500m of senior unsecured notes.

The notes carry an annual interest rate of 3.750%, payable annually beginning November 24, 2026, and mature on November 24, 2030. GXO said proceeds will be used to refinance upcoming maturities; Barclays, Deutsche Bank and Goldman Sachs acted as active bookrunners.

Positive

• Raised €500m via inaugural European bond issuance
• Notes priced at a fixed 3.750% annual interest rate
• Proceeds earmarked to refinance upcoming maturities

Negative

• Added €500m of senior unsecured debt to balance sheet
• Interest expense of 3.750% per annum through 2030

GREENWICH, Conn., Nov. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the completion of its inaugural European bond offering, with its wholly owned subsidiary GXO Logistics Capital B.V. issuing €500m in senior unsecured notes (the “notes”). The notes will bear interest at a rate of 3.750% per annum payable annually, commencing November 24, 2026, and will mature on November 24, 2030.

“The successful close of our first European bond offering is a milestone for GXO as an investment-grade issuer and underscores investor confidence in our business,” said Baris Oran, Chief Financial Officer, GXO. “By securing €500m on competitive terms and using the proceeds to refinance upcoming maturities, we are strengthening our balance sheet and positioning GXO for long-term growth.”

Barclays, Deutsche Bank and Goldman Sachs & Co. LLC acted as active bookrunners on the transaction.

About GXO
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has over 150,000 team members across more than 1,000 facilities, totaling more than 200 million square feet. The company serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit GXO.com for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by the company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the company believes are appropriate in the circumstances.

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include, but are not limited to, the risks discussed in our filings with the SEC and the following: economic conditions generally; supply chain challenges, including labor shortages; competition and pricing pressures; our ability to align our investments in capital assets, including equipment, service centers and warehouses, to our respective customers’ demands; our ability to successfully integrate and realize anticipated benefits, synergies, cost savings and profit improvement opportunities with respect to acquired companies, including the acquisition of Wincanton; acquisitions may be unsuccessful or result in other risks or developments that adversely affect our financial condition and results; our ability to develop and implement suitable information technology systems and prevent failures in or breaches of such systems; our indebtedness; our ability to raise debt and equity capital; litigation; labor matters, including our ability to manage its subcontractors, and risks associated with labor disputes at our customers’ facilities and efforts by labor organizations to organize its employees; risks associated with defined benefit plans for our current and former employees; our ability to attract or retain necessary talent; the increased costs associated with labor; fluctuations in currency exchange rates; fluctuations in fixed and floating interest rates; fluctuations in customer confidence and spending; issues related to our intellectual property rights; governmental regulation, including environmental laws, trade compliance laws, as well as changes in international trade policies and tax regimes; governmental or political actions, including the United Kingdom’s exit from the European Union; natural disasters, terrorist attacks or similar incidents; damage to our reputation; a material disruption of our operations; the inability to achieve the level of revenue growth, cash generation, cost savings, improvement in profitability and margins, fiscal discipline, or strengthening of competitiveness and operations anticipated or targeted; failure in properly handling the inventory of our customers; the impact of potential cyber-attacks and information technology or data security breaches; and the inability to implement technology initiatives or business systems successfully; our ability to achieve Environmental, Social and Governance goals; and a determination by the IRS that the distribution or certain related spin-off transactions should be treated as taxable transactions. Other unknown or unpredictable factors could cause actual results to differ materially from those in the forward-looking statements. Such forward-looking statements should therefore be construed in the light of such factors. All forward-looking statements set forth in this release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us or our business or operations. Forward-looking statements set forth in this release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.

Investor contact

Kristine Kubacki, CFA
+1 203-769-7206
kristine.kubacki@gxo.com

Media contact

Matthew Schmidt 
+1 203-307-2809 
matt.schmidt@gxo.com

FAQ

What did GXO announce about its November 24, 2025 European bond offering?

GXO completed a €500m senior unsecured note offering via GXO Logistics Capital B.V., dated November 24, 2025.

What are the key terms of GXO's €500m notes (GXO)?

The notes bear 3.750% interest payable annually starting November 24, 2026, and mature on November 24, 2030.

How will GXO use proceeds from the €500m bond (GXO)?

GXO said it will use the proceeds to refinance upcoming maturities to strengthen its balance sheet.

Who acted as bookrunners on GXO's European bond offering?

Barclays, Deutsche Bank and Goldman Sachs & Co. LLC acted as active bookrunners on the transaction.

Does GXO's bond issue change maturity timing for the new notes?

Yes; the issued notes have a stated maturity date of November 24, 2030.

What investor signals did GXO highlight after closing the bond (GXO)?

GXO said the successful close underscores investor confidence in the company as an investment-grade issuer.