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AI brief of an SEC Form 8-K · Sysco (SYY)

Sysco sells $1.25 billion in senior notes due 2031 and 2036 to repay commercial paper

Neutral Impact 3 of 5 financing Written later

Sysco issued $600 million of 4.400% senior notes due 2031 and $650 million of 4.950% senior notes due 2036 on February 13, 2026. Net proceeds were approximately $1.24 billion, which the company intends to use for general corporate purposes, including repaying commercial paper borrowings. The filing adds to Sysco's debt obligations, but it does not report earnings or guidance changes.

Key points

  • 2031 Notes: $600 million at 4.400%, maturing July 25, 2031
  • 2036 Notes: $650 million at 4.950%, maturing March 25, 2036
  • Net proceeds of approximately $1.24 billion after underwriting discounts and offering expenses
  • Change of control repurchase offer at 101% of principal if a change of control and a below investment grade ratings event both occur

The filing

CompanySysco (SYY)
Form8-K, current report
Filed with the SECFeb 13, 2026, 4:30 PM ET
Accession number0001193125-26-051566

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.