8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Sysco issues C$1.5 billion of notes to fund pending JRD Unico acquisition
Filed with the SEC on · Summarized by InvestorsBot
Sysco Corporation and Sysco Holdings Corporation issued C$750 million of 4.250% senior notes due 2030 and C$750 million of 4.800% senior notes due 2034, generating approximately C$1.49 billion in net proceeds. Sysco plans to use the funds for part of the cash consideration and related costs of its pending acquisition of JRD Unico, Inc. and Warehouse Realty, LLC, or for a special mandatory redemption if the acquisition is not completed; Sysco Holdings also agreed to guarantee Sysco’s existing senior notes.