Sysco Announces Closing of C$1.5 Billion Senior Notes Offering

HOUSTON, Sept. 25, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (“Sysco” or the “Company”) today announced that Sysco and Sysco Holdings Corporation, a Delaware corporation and wholly-owned subsidiary of Sysco (“Sysco Holdings” and, together with Sysco, the “Issuers”), have closed a public offering (the “Offering”) of C$1.5 billion in aggregate principal amount of senior notes consisting of the following securities: * C$750 million in aggregate principal amount of 4.250% Senior Notes due 2030 (the “2030 Notes”); and * C$750 million in aggregate principal amount of 4.800% Senior Notes due 2034 (the “2034 Notes” and, together with the 2030 Notes, the “Notes”). The Issuers estimate that they will receive approximately C$1.49 billion from the Offering, after deducting underwriting discounts and estimated offering expenses payable by them. The Issuers intend to use the net proceeds from the Offering to pay a portion of the cash consideration for the pending acquisition of Jetro Restaurant Depot, and all other fees, costs and expenses related thereto or, if the acquisition is not consummated, to pay for the special mandatory redemption of the Notes pursuant to their terms.