RXO Launches $400 Million Senior Notes Offering

The company plans to use the proceeds to repurchase or redeem its outstanding 2027 Notes.

Published on Feb. 10, 2026

Got story updates? Submit your updates here. ›

RXO, Inc. announced it is proposing to issue $400 million aggregate principal amount of senior notes due 2031 in a private offering. The company intends to use the net proceeds to repurchase or redeem all of its outstanding 7.500% Notes due 2027, to pay related fees and expenses, and for general corporate purposes.

Why it matters

The offering will allow RXO to refinance its existing debt, potentially lowering its borrowing costs and improving its financial flexibility as it continues to grow its asset-light transportation solutions business.

The details

RXO plans to issue the new $400 million senior notes due in 2031, which will initially be guaranteed by the company's domestic subsidiaries. The company will use the proceeds to redeem all of its outstanding 2027 Notes, pay related fees, and for general corporate purposes.

  • RXO announced the proposed $400 million senior notes offering on February 10, 2026.
  • The company issued a notice of conditional full redemption for all of its outstanding 2027 Notes on February 20, 2026.

The players

RXO, Inc.

A leading provider of asset-light transportation solutions, including tech-enabled truck brokerage services, managed transportation, and last mile delivery.

Got photos? Submit your photos here. ›

What’s next

The redemption of the 2027 Notes is conditioned on RXO receiving net proceeds from the offer and sale of the new 2031 Notes in an amount sufficient to redeem the 2027 Notes.

The takeaway

RXO's debt refinancing will strengthen its financial position and provide additional resources to invest in its technology-driven transportation services as it seeks to capitalize on growth opportunities in the asset-light logistics market.