Sysco said it entered into an underwriting agreement with its subsidiary guarantors for the offering and sale of $700,000,000 aggregate principal amount of its 5.100% Senior Notes due 2030 (the 2030 Notes) on February 13, 2025.

1. 01

   Sysco said it entered into an underwriting agreement with its subsidiary guarantors for the offering and sale of $700,000,000 aggregate principal amount of its 5.100% Senior Notes due 2030 (the 2030 Notes) on February 13, 2025.

2. 02

   The company said the same underwriting agreement also covers the offering and sale of $550,000,000 aggregate principal amount of its 5.400% Senior Notes due 2035 (the 2035 Notes), which it defined together with the 2030 Notes as the Notes.

3. 03

   The company said it entered into the agreement with BofA Securities, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC as representatives of the underwriters, and that the offering is expected to close on February 25, 2025. It said closing is subject to the satisfaction of customary closing conditions.

4. 04

   Sysco said affiliates of some of the underwriters are lenders under its credit facility and dealers under its commercial paper programs, so they may receive a portion of the net proceeds. The Notes are offered under Form S-3 registration statement (Registration No. 333-281830).

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