---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-164087"
form_type: "8-K"
ticker: "SYY"
cik: "0000096021"
company_name: "SYSCO CORP"
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:26:07.328000+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sysco enters into $3.0B term loan and $3.0B revolver to finance Jetro Restaurant Depot acquisition

## Summary
- $3.0B revolver replaces existing facility; increases to $4.0B after Jetro closing, option to $5.0B.
- $3.0B term loan comprises $1.25B Tranche A (364-day) and $1.75B Tranche B (2-year maturity).
- Proceeds fund Jetro acquisition, refinance JRD debt, and pay transaction fees and expenses.
- Credit agreements include customary covenants, requiring consolidated EBITDA to interest expense ratio.
- Guarantees provided by Sysco's senior note guarantors and by Sysco for subsidiary borrowers.

## SEC filing metadata
- accession: 0001193125-26-164087
- form_type: 8-K
- ticker: SYY
- cik: 0000096021
- company_name: SYSCO CORP
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/0001193125-26-164087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/d290779d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-164087
- JSON: https://secwatch.observer/filing/0001193125-26-164087.json
- Plain text: https://secwatch.observer/filing/0001193125-26-164087.txt

## Source-grounded claims
- claim_id: 5df6436aaa5e9dfb6e5269fac52a750b116ac449
  claim: SYSCO CORP incurred term loan of $3.0 billion ($1.25 billion Tranche A and $1.75 billion Tranche B) with Bank of America, N.A. maturing Tranche A: 364 days from Closing Date; Tranche B: two years from Closing Date.
  evidence_excerpt: The aggregate commitments of the lenders under the New Term Credit Agreement, as of the effective date, are $3.0 billion, which consists of a $1.25 billion tranche of commitments (the “ Tranche A Commitments ”) and a $1.75 billion tranche of commitments (the “ Tranche B Commitments ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/0001193125-26-164087-index.htm
- claim_id: c49b0e29bf9fcd67c385cdf217baca8a3e5ede03
  claim: SYSCO CORP incurred revolving credit of $3.0 billion (increasing to $4.0 billion after Closing Date, with option to increase to $5.0 billion) with Bank of America, N.A. maturing April 16, 2031.
  evidence_excerpt: The aggregate commitments of the lenders under the New Revolver Credit Agreement, as of the effective date, are $3.0 billion, and such commitments will increase to $4.0 billion from and after the consummation of the previously announced acquisition of JRD Unico, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/0001193125-26-164087-index.htm
- claim_id: 3434e6617a2d907ba0e8404c070f617c3d86ec0b
  claim: SYSCO CORP entered into New Revolver Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto valued at $3.0 billion (effective 2026-04-16).
  evidence_excerpt: On April 16, 2026, Sysco Corporation (" Sysco "), a Delaware corporation, and its wholly-owned subsidiaries, Sysco Canada, Inc., a British Columbia corporation (" Sysco Canada "), and Sysco Global Holdings B.V., a Netherlands limited liability company (together with Sysco Canada, the " Subsidiary Borrowers "), entered into a Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto (the " New Revolver Credit Agreement "), which replaces Sysco’s existing $3.0 billion senior revolving credit facility that was originally entered into on September 5, 2025 (as amended, the " Existing Credit Agreement ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/0001193125-26-164087-index.htm
- claim_id: cecde05517de098ddbf54e7d9bb90465eaadf2fc
  claim: SYSCO CORP entered into New Term Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto valued at $3.0 billion (effective 2026-04-16).
  evidence_excerpt: On April 16, 2026, Sysco also entered into a Term Loan Credit Agreement with Bank of America, N.A., as the administrative agent, and the lenders and guarantors party thereto (the " New Term Credit Agreement " and, together with the New Revolver Credit Agreement, the " New Credit Agreements ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/96021/000119312526164087/0001193125-26-164087-index.htm

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