UNITED PARCEL SERVICE INC (UPS) Form 424B5 — Aug 14, 2026

$UPSForm 424B5Filed Aug 14, 2026, 4:10 PM ET0001104659-26-097139Original filing

United Parcel Service priced a $325,105,000 public offering of Floating Rate Senior Notes due 2076 off its $10 billion shelf. The notes pay quarterly interest at Compounded SOFR minus 0.350% (floored at 0.00%) and mature on September 1, 2076. The deal priced at 100.00% of face value with a 1.00% underwriting discount, leaving estimated net proceeds of approximately $321.2 million for general corporate purposes. J.P.

Key figures

Total Debt: 24484000000
Debt Amount: 325105000
Cash Position: 4653000000
Interest Rate: Compounded SOFR less 0.350% per year (floored at 0.00%), paid quarterly
Maturity Date: September 1, 2076
Gross Proceeds: 321853950
Net Proceeds: $321.2 million (after underwriting discount and estimated expenses)
Revenue2025: $88.7 billion
Cash Pro Forma: $5,520 million as adjusted
Prior Offering: $1,000,000,000 aggregate principal of 4.850% Senior Notes due 2031 issued August 12, 2026
Shelf Capacity: $10,000,000,000
Issuer Call Date: Redeemable at UPS option beginning September 1, 2056
Settlement Date: August 18, 2026 (T+2, book-entry via DTC)
Holder Put Rights: March 1 and September 1 annually from September 1, 2027 through September 1, 2037, then every second year through September 1, 2073
Total Debt Pro Forma: $25,809 million as adjusted for prior offering and this offering
Public Offering Price: 100.00% of principal
Underwriting Discount: $3,251,050 (1.00% of principal)
Packages Delivered2025: 5.2 billion total (20.8 million per day average)
First Interest Payment Date: December 1, 2026
Estimated Offering Expenses: $0.7 million

Price after filing

1 day: 0.0%7 days: -2.4%30 days: -4.0%

Close on the filing date to close N calendar days later (from $104.50). Historical, not a forecast.

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