Food and Beverage

Return to Article

Food Service Company Sysco To Sell $500M In Notes

The Associated Press

HOUSTON (AP) — Food service company Sysco Corp. said Friday it will sell $500 million of senior notes.

One set of the notes, comprised of $250 million, is due 2019. The other $250 million are due 2039. The notes will bear interest rates of 5.4 percent and 6.6 percent, respectively.

Shares of the company advanced $1.17, or 5.7 percent, to $21.73 in afternoon trading.