Sysco Raises $1.25 Billion Through Senior Notes Offering

Reuters
02/14
Sysco Raises $1.25 Billion Through Senior Notes Offering

Sysco Corporation has announced the issuance and sale of $600 million in 4.400% Senior Notes due 2031 and $650 million in 4.950% Senior Notes due 2036, totaling $1.25 billion in new debt financing. The net proceeds of approximately $1.24 billion, after underwriting discounts and offering expenses, will be used for general corporate purposes, including repayment of borrowings under Sysco’s commercial paper programs. The notes were offered pursuant to an automatically effective registration statement and were issued under existing indenture agreements with The Bank of New York Mellon Trust Company as trustee. Interest on the notes will be paid semi-annually. The agreements include provisions requiring Sysco to offer to repurchase the notes at 101% of principal plus accrued interest in the event of a change of control combined with a downgrade to below investment grade.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sysco Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-051566), on February 13, 2026, and is solely responsible for the information contained therein.

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