Sysco plans to redeem 5.65% notes due 2025, 3.55% notes due 2025

By Marisa Wong

Los Angeles, Dec. 1 – Sysco Corp. plans to redeem its 5.65% notes due April 1, 2025 and 3.55% notes due March 15, 2025 using proceeds from an offering of new notes, according to a 424B3 filing with the Securities and Exchange Commission.

As of Oct. 2, there were outstanding $750 million of 5.65% notes and $500 million of 3.55% notes.

Sysco is a Houston-based distributor of food and related products primarily to the foodservice or food-away-from-home industry.

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