---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-279789"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:46:01.945306+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sysco issues $1.0B in senior notes (5.750% 2029 / 6.000% 2034); net proceeds $987.5M

## Summary
- Issued $500M 5.750% Senior Notes due 2029 and $500M 6.000% Senior Notes due 2034.
- Net proceeds approximately $987.5M after underwriters' discounts and expenses.
- Proceeds for working capital, capex, commercial paper repayment, and to fund part of pending Edward Don & Company acquisition.
- Notes are unsecured senior obligations, rank equally with existing and future unsecured senior debt.
- Edward Don acquisition announced October 11, 2023, subject to regulatory approval and closing conditions.

## SEC filing metadata
- accession: 0001193125-23-279789
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000119312523279789/0001193125-23-279789-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000119312523279789/d620250d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-279789
- JSON: https://secwatch.observer/filing/0001193125-23-279789.json
- Plain text: https://secwatch.observer/filing/0001193125-23-279789.txt

## Key facts
- Debt Financings
  SYSCO CORP incurred senior notes of $500,000,000 aggregate principal amount of the Company's 6.000% Senior Notes due 2034 at 6.000% per annum maturing January 17, 2034.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount of the Company's 6.000% Senior Notes due 2034
  - Rate: 6.000% per annum
  - Maturity: January 17, 2034
  - Event: incurrence
  source text: On November 17, 2023, Sysco Corporation (the " Company ") issued and sold $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029 (the " 2029 Notes ") and $500,000,000 aggregate principal amount of the Company's 6.000% Senior Notes due 2034
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312523279789/0001193125-23-279789-index.htm
- Debt Financings
  SYSCO CORP incurred senior notes of $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029 at 5.750% per annum maturing January 17, 2029.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029
  - Rate: 5.750% per annum
  - Maturity: January 17, 2029
  - Event: incurrence
  source text: On November 17, 2023, Sysco Corporation (the " Company ") issued and sold $500,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312523279789/0001193125-23-279789-index.htm
- Material Agreements
  SYSCO CORP entered into Forty-Fourth Supplemental Indenture and Forty-Fifth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. and U.S. Bank Trust Company, N.A. valued at $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and $500,000,000 aggregate p (effective 2023-11-17).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A. and U.S. Bank Trust Company, N.A.
  - Value: $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and $500,000,000 aggregate p
  - Effective: 2023-11-17
  source text: On November 17, 2023, Sysco Corporation (the “ Company ”) issued and sold $500,000,000 aggregate principal amount of the Company’s 5.750% Senior Notes due 2029 (the “ 2029 Notes ”) and $500,000,000 aggregate principal amount of the Company’s 6.000% Senior Notes due 2034 (the “ 2034 Notes ” and, together with the 2029 Notes, the “ Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312523279789/0001193125-23-279789-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.