Food Service Company Sysco To Sell $500M In Notes
Stock quotes in this article:
SYY
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.- Loading Comments...
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