The announcement of a $1.1 billion notes offering by GXO Logistics is a significant financial move, indicating the company's efforts to raise capital. This influx of funds could be used for various growth initiatives or to strengthen the company's balance sheet, which is generally viewed positively by investors. The substantial amount suggests confidence in GXO's ability to repay, which could lead to a positive short-term impact on its stock price as it reflects financial strength and potential for future investments.