EXHIBIT 99.2
FORM OF NOTICE OF GUARANTEED DELIVERY
for
6 5/8% NOTES DUE 2004
6 7/8% NOTES DUE 2006
7 1/4% NOTES DUE 2011
of
FEDEX CORPORATION
This form or one substantially equivalent hereto must be used to accept
the Exchange Offer of FedEx Corporation, a Delaware corporation (the
"Company"), made pursuant to the Prospectus, dated , 2001 (as the same
may be amended or supplemented from time to time, the "Prospectus"), if
certificates for the outstanding 6 5/8% notes due 2004, outstanding 6 7/8%
notes due 2006 or outstanding 7 1/4% notes due 2011 of the Company (together,
the "Old Notes") are not immediately available or if the procedure for
book-entry transfer cannot be completed on a timely basis or time will not
permit the Old Notes, the Letter of Transmittal and all other required
documents to reach The Bank of New York (the "Exchange Agent") on or prior to
5:00 p.m., New York City time, on the Expiration Date of the Exchange Offer.
This Notice of Guaranteed Delivery may be delivered by hand, overnight courier
or mail, or transmitted by facsimile transmission, to the Exchange Agent as set
forth below. See "The Exchange Offer--Procedures for Tendering" in the
Prospectus. Capitalized terms used herein but not defined herein have the
respective meanings given to them in the Prospectus.
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THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK
CITY TIME, ON , 2001 UNLESS THE OFFER IS EXTENDED (THE "EXPIRATION
DATE").
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To: The Bank of New York, as Exchange Agent
By Mail or Hand/Overnight Delivery: By Facsimile:
The Bank of New York (212) 815-6339
Reorganization Unit
101 Barclay Street - 7E Confirm by Telephone:
New York, New York 10286
Attention: Santino Ginocchetti (212) 815-6331
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS, OR
TRANSMISSION VIA FACSIMILE, OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A
VALID DELIVERY.
THIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO GUARANTEE
SIGNATURES. IF A SIGNATURE ON THE LETTER OF TRANSMITTAL IS REQUIRED TO BE
GUARANTEED BY AN "ELIGIBLE INSTITUTION" UNDER THE INSTRUCTIONS THERETO, SUCH
SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE SPACE PROVIDED IN THE
SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
Ladies and Gentlemen:
The undersigned hereby tender(s) to the Company, upon the terms and
subject to the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the aggregate principal
amount of Old Notes set forth below pursuant to the guaranteed delivery
procedures set forth in the Prospectus under the caption "The Exchange
Offer--Guaranteed Delivery Procedures."
All authority herein conferred or agreed to be conferred by this Notice of
Guaranteed Delivery shall survive the death or incapacity of the undersigned
and every obligation of the undersigned under this Notice of Guaranteed
Delivery shall be binding upon the heirs, personal representatives, executors,
administrators, successors, assigns, trustees in bankruptcy and other legal
representatives of the undersigned.
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PLEASE SIGN AND COMPLETE Certificate No(s). of Old Notes (if available):
Signature(s) of Owner(s) or
Authorized Signatory:___________________________________ ______________________________________________________
________________________________________________________ ______________________________________________________
Principal Amount of Old 6 5/8% Notes Due 2004 Date:_________________________________________________
Tendered:*
Name(s) of Registered Holder(s):
________________________________________________________ ______________________________________________________
________________________________________________________ ______________________________________________________
Principal Amount of Old 6 7/8% Notes Due 2006 Tendered:*
Address:______________________________________________
______________________________________________________
________________________________________________________ Area Code and Telephone No.:__________________________
Principal Amount of Old 7 1/4% Notes Due 2011 Tendered:* If Old Notes will be tendered by book-entry transfer
provide the following information:
________________________________________________________
Signature:____________________________________________
________________________________________________________
DTC Account Number:___________________________________
Date:_________________________________________________
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This Notice of Guaranteed Delivery must be signed by the holder(s) of Old
Notes exactly as its (their) name(s) appear on certificates for Old Notes or on
a security position listing as the owner of Old Notes, or by person(s)
authorized to become holder(s) by endorsements and documents transmitted with
this Notice of Guaranteed Delivery. If signature is by a trustee, executor,
administrator, guardian, attorney-in-fact, officer or other person acting in a
fiduciary or representative capacity, such person must provide the following
information.
Please print name(s) and address(es)
Name(s):________________________________________________________________________
________________________________________________________________________________
Capacity:_______________________________________________________________________
________________________________________________________________________________
Address(es):____________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
2
DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. NOTES SHOULD BE
SENT TO THE EXCHANGE AGENT TOGETHER WITH A PROPERLY COMPLETED AND DULY EXECUTED
LETTER OF TRANSMITTAL.
THE GUARANTEE ON THE OPPOSITE PAGE MUST BE COMPLETED.
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* Must be in denominations of $1,000 and integral multiples thereof, provided
that if fewer than all of the Old Notes of a holder are tendered for exchange,
the untendered principal amount of the holder's remaining Old Notes must be
$1,000 or any integral multiple of $1,000 in excess thereof.
3
GUARANTEE
(Not to Be Used for Signature Guarantee)
The undersigned, a firm or other entity identified in Rule 17Ad-15 under
the Securities Exchange Act of 1934, as amended (the "Exchange Act") as an
"eligible guarantor institution," including (as such terms are defined
therein): (i) a bank; (ii) a broker, dealer, municipal securities broker,
municipal securities dealer, government securities broker or government
securities dealer; (iii) a credit union; (iv) a national securities exchange,
registered securities association or clearing agency; or (v) a savings
association that is a participant in a Securities Transfer Association
recognized program (each of the foregoing being referred to as an "Eligible
Institution"), hereby guarantees to deliver to the Exchange Agent at the
address set forth above, either the Old Notes tendered hereby in proper form
for transfer, or confirmation of the book-entry transfer of such Old Notes to
the Exchange Agent's account at The Depository Trust Company, pursuant to the
procedure for book-entry transfer set forth in the Prospectus, in either case
together with one or more properly completed and duly executed Letters of
Transmittal (or facsimile thereof or agent's message in lieu thereof) and any
other required documents within three New York Stock Exchange trading days
after the Expiration Date.
The undersigned acknowledges that it must deliver the Letter of
Transmittal (or agent's message in lieu thereof) and Old Notes tendered hereby
to the Exchange Agent within the time period set forth above and that failure
to do so could result in financial loss to the undersigned.
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Name of Firm:___________________________________________ ______________________________________________________
(Authorized Signature)
Address:________________________________________________
Name:_________________________________________________
________________________________________________________
(Include Zip Code) Title:________________________________________________
Area Code and Date:_________________________________________________
Telephone No.:__________________________________________
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DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. NOTES SHOULD BE
SENT TO THE EXCHANGE AGENT TOGETHER WITH A PROPERLY COMPLETED AND DULY EXECUTED
LETTER OF TRANSMITTAL.