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Sysco logoSysco SYY

Sysco said it entered into Amendment No. 2 with Bank of America, N.A. as Administrative Agent on June 4, 2025, together with the lenders and guarantors to the existing Credit Agreement.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Sysco said it entered into Amendment No. 2 with Bank of America, N.A. as Administrative Agent on June 4, 2025, together with the lenders and guarantors to the existing Credit Agreement.

  2. Sysco said Amendment No. 2 adds Sysco Global Holdings B.V. (the New Borrower) as a "Subsidiary Borrower", allowing it to request and receive extensions of credit and assuming the obligations of a Subsidiary Borrower.

  3. The company said the amendment covers the Credit Agreement dated April 29, 2022, which was previously amended on June 11, 2024 by Amendment No. 1.

  4. The company said some lenders and their affiliates have provided, or will provide, commercial banking, investment banking, underwriting, trust and other financial advisory services to Sysco and its subsidiaries, for which they have received or will receive customary fees and expenses. Sysco said it includes the information in Item 1.01 by reference in Item 2.03.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Amendment No. 2 Signed

Sysco said it entered into Amendment No. 2 with Bank of America, N.A. as Administrative Agent on June 4, 2025, together with the lenders and guarantors to the existing Credit Agreement.

Source · Based on the filing body and exhibits

Sysco Global Holdings B.V. Added

Sysco said Amendment No. 2 adds Sysco Global Holdings B.V. (the New Borrower) as a "Subsidiary Borrower", allowing it to request and receive extensions of credit and assuming the obligations of a Subsidiary Borrower.

Source · Based on the filing body and exhibits

Existing Credit Agreement History

The company said the amendment covers the Credit Agreement dated April 29, 2022, which was previously amended on June 11, 2024 by Amendment No. 1.

Source · Based on the filing body and exhibits

Party Relationships and Reference to Item 2.03

The company said some lenders and their affiliates have provided, or will provide, commercial banking, investment banking, underwriting, trust and other financial advisory services to Sysco and its subsidiaries, for which they have received or will receive customary fees and expenses. Sysco said it includes the information in Item 1.01 by reference in Item 2.03.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.