Sysco Completes Debt Offerings to Finance Jetro Restaurant Depot Acquisition

Sysco Corporation has successfully closed public offerings of $14.65 billion and €1.0 billion in notes. The net proceeds from these debt issuances are designated to fund a portion of the cash consideration for Sysco's pending acquisition of Jetro Restaurant Depot. This financing step is crucial for the completion of the significant acquisition, impacting Sysco's financial structure and future market presence.