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Filing under Securities Act Rules 163/433 of free writing prospectuses

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Free Writing Prospectus Filed Pursuant to Rule 433

Registration Statement No. 333-207036

October 20, 2015

FedEx Corporation

Final Term Sheet

$1,250,000,000 4.750 % Notes due 2045

The information in this final term sheet relates to FedEx Corporations offering of notes in the series listed above and should be read together with the preliminary prospectus supplement dated October 20, 2015 relating to such offering (the Preliminary Prospectus Supplement) and the base prospectus dated September 18, 2015 (the Base Prospectus), including the documents incorporated by reference therein, each filed pursuant to Rule 424(b) under the Securities Act of 1933, as amended, Registration Statement No. 333-207036.

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

Update to the Prospectus Supplement Summary Section in the Preliminary Prospectus Supplement

The following paragraph supplements the Prospectus Supplement Summary section of the...