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Sysco 8-K Report, Corporate Update (Sep 24, 2026)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed September 24, 2026
Period End
September 22, 2026
Security
SYY
In the record · 2016–202610-K1210-Q328-K147

SYY filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 147 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jun ’17Jun ’17
  2. Material agreement8-K · Feb ’20Feb ’20
  3. Leadership change8-K · Feb ’22Feb ’22
  4. Leadership change8-K · Nov ’25Nov ’25

Summary

Summary of the 8-K filed September 24, 2026. Cited figures are marked; the original filing is the authoritative source.

On September 22, 2026, Sysco Corporation and its co-issuer Sysco Holdings Corporation entered into underwriting agreements for four separate debt offerings under their effective Form S-3 shelf registration (No. 333-298926) and related prospectus supplements dated September 22, 2026.

The offerings consist of seven series of U.S. dollar senior notes totaling $10.75 billiona in principal (maturing 2029 through 2066, with coupons from 5.450% to 6.600%), two series of Canadian dollar senior notes totaling C$1.5 billion (due 2030 and 2034, at 4.250% and 4.800%), three series of U.S. dollar junior subordinated notes totaling $3.9 billion (all due 2056, at 7.100%, 7.250% and 7.350%), and a single euro-denominated junior subordinated note offering of €1 billion (due 2056, at 6.000%). The underwriters are led by Goldman Sachs & Co. LLC, with TD Securities, BofA Securities, J.P. Morgan and Wells Fargo Securities among the representatives for the U.S. dollar offerings.

The Canadian dollar senior notes are expected to close on September 25, 2026, while the U.S. dollar senior notes, U.S. dollar junior subordinated notes and euro junior subordinated notes are each expected to close on October 6, 2026, subject to customary closing conditions. The filing describes the underwriting agreements as containing customary representations, warranties, covenants, closing conditions, indemnification and termination provisions. The agreements are filed as Exhibits 1.1 through 1.4 to the report.

For investors, the filing shows a substantial new issuance of debt across multiple currencies and maturities, including a large amount of long-dated junior subordinated notes. The filing itself does not state the use of proceeds, so the purpose of the offerings is not described here.

Key Highlights

  1. U.S. dollar senior notes: seven series totaling $10.75 billion in principal, maturing 2029 through 2066 with coupons from 5.450% to 6.600%.
  2. Canadian dollar senior notes: two series totaling C$1.5 billion, due 2030 (4.250%) and 2034 (4.800%).
  3. U.S. dollar junior subordinated notes: three series totaling $3.9 billion, all due 2056, with coupons of 7.100%, 7.250% and 7.350%.
  4. Euro junior subordinated notes: €1 billion principal amount, 6.000% due 2056.
  5. Offerings were made under Form S-3 registration statement No. 333-298926 and prospectus supplements dated September 22, 2026.
  6. Canadian dollar senior notes expected to close September 25, 2026; U.S. dollar and euro offerings expected to close October 6, 2026.
  7. Underwriting agreements are filed as Exhibits 1.1 through 1.4, with Goldman Sachs & Co. LLC as lead underwriter.

Frequently Asked Questions

  1. Who issued the notes and who underwrote them?

    Sysco Corporation and Sysco Holdings Corporation issued the notes as co-issuers, with certain subsidiary guarantors. Goldman Sachs & Co. LLC is named in all four underwriting agreements, alongside TD Securities, BofA Securities, J.P. Morgan, Wells Fargo Securities and other underwriters listed in each agreement's schedule.

  2. How much debt was sold in these offerings?

    The U.S. dollar senior notes total $10.75 billion, the Canadian dollar senior notes total C$1.5 billion, the U.S. dollar junior subordinated notes total $3.9 billion, and the euro junior subordinated notes total €1 billion. Each series is listed by principal amount in the filing.

  3. When will the offerings close?

    The Canadian dollar senior notes are expected to close on September 25, 2026. The U.S. dollar senior notes, U.S. dollar junior subordinated notes and euro junior subordinated notes are each expected to close on October 6, 2026, subject to customary closing conditions.

  4. What are the maturities and coupons on the notes?

    The U.S. dollar senior notes mature in 2029, 2031, 2033, 2036, 2046, 2056 and 2066 with coupons from 5.450% to 6.600%. The Canadian dollar senior notes mature in 2030 at 4.250% and 2034 at 4.800%. The junior subordinated notes mature in 2056, with coupons of 7.100%, 7.250% and 7.350% for the U.S. dollar series and 6.000% for the euro series.

  5. Does the filing state how the proceeds will be used?

    No. The filing describes the offerings and underwriting agreements but does not state the intended use of the proceeds.