Sysco plans USD 1 billion common stock offering

Reuters2026/09/14 20:21

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Sysco launched a USD 1 billion common stock offering, with a 30-day overallotment option for up to an additional USD 150 million.
Net proceeds earmarked to fund part of the consideration for the pending Jetro Restaurant Depot acquisition.
Stock sale not contingent on completion of the acquisition.
Goldman Sachs, TD Securities, BofA Securities, J.P. Morgan, Wells Fargo Securities serving as book-running managers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sysco Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609141621PRIMZONEFULLFEED9826566) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sysco plans USD 1 billion common stock offering

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