secwatch.observer — SEC 8-K summary
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Issuer:     SYSCO CORP (SYY)
CIK:        0000096021
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001193125-25-197606
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sysco enters new $3.0B senior revolving credit facility due 2030, replacing prior facility
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- New $3.0B credit agreement dated Sep 5, 2025, with Bank of America as administrative agent; maturity Sep 5, 2030; option to increase to $4.0B.
- Replaces existing $3.0B facility from April 2022; serves as backstop for commercial paper program.
- Borrowings guaranteed by certain subsidiaries; customary covenants including EBITDA-to-interest coverage ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96021/000119312525197606/0001193125-25-197606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96021/000119312525197606/d936312d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-197606

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer