SYSCO CORP (SYY): debt financing — Sysco issues $1.25B in senior notes: $600M 4.400% due 2031, $650M 4.950% due 2036

SYSCO CORP

Sysco issued $600M 4.400% senior notes due July 25, 2031 and $650M 4.950% senior notes due March 25, 2036.
Net proceeds of ~$1.24B after deducting underwriters' discounts and estimated offering expenses.
Proceeds will be used for general corporate purposes, including repaying commercial paper borrowings.
Notes are unsecured senior obligations, guaranteed by subsidiary guarantors, ranking equally with existing unsecured senior debt.
Notes are redeemable at make-whole or par call; change-of-control repurchase at 101% if below investment grade.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SYSCO CORP incurred senior notes of $600,000,000 aggregate principal amount with U.S. Bank Trust Company, N.A. at 4.400% per annum maturing July 25, 2031.

Instrument: senior notes
Principal: $600,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, N.A.
Rate: 4.400% per annum
Maturity: July 25, 2031
Event: incurrence

Exact text from the filing

On February 13, 2026, Sysco Corporation (the “Company”) issued and sold $600,000,000 aggregate principal amount of the Company’s 4.400% Senior Notes due 2031

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SYSCO CORP incurred senior notes of $650,000,000 aggregate principal amount with U.S. Bank Trust Company, N.A. at 4.950% per annum maturing March 25, 2036.

Instrument: senior notes
Principal: $650,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, N.A.
Rate: 4.950% per annum
Maturity: March 25, 2036
Event: incurrence

Exact text from the filing

$650,000,000 aggregate principal amount of the Company’s 4.950% Senior Notes due 2036

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SYSCO CORP entered into Forty-Eighth Supplemental Indenture with U.S. Bank Trust Company, N.A. (effective 2026-02-13).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, N.A.
Effective: 2026-02-13

Exact text from the filing

stee, as supplemented and amended by the Thirteenth Supplemental Indenture thereto dated as of February 17, 2012 (the “Thirteenth Supplemental Indenture”), by and among the Company, the guarantors named therein and Bank of New York Mellon, as trustee, and the Forty-Eighth Supplemental Indenture thereto, dated as of February 13, 2026 (the “Forty-Eighth Supplemental Indenture”), by and among the Company, the Subsidiary Guarantors (as defined in the Supplemental Indentures) and U.S.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SYSCO CORP entered into Forty-Ninth Supplemental Indenture with U.S. Bank Trust Company, N.A. (effective 2026-02-13).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, N.A.
Effective: 2026-02-13

Exact text from the filing

of New York Mellon, as trustee, and the Forty-Eighth Supplemental Indenture thereto, dated as of February 13, 2026 (the “Forty-Eighth Supplemental Indenture”), by and among the Company, the Subsidiary Guarantors (as defined in the Supplemental Indentures) and U.S. Bank Trust Company, N.A. (the “Trustee”), as trustee thereunder solely with respect to the Notes, in lieu of Bank of New York Mellon.

View on SEC.gov

26 debt financings filed in the last 30 days. Browse all debt financings →

SYSCO CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-051566

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.