HOUSTON, March 13, 2009 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) announced today that it has entered into an agreement to sell $500 million of Senior Unsecured Notes. The agreement provides for the notes to be issued in two tranches, comprised of $250 million due 2019 and $250 million due 2039. The notes will bear interest rates of 5.375% and 6.625% respectively, per annum.
This offering is being made only by means of a prospectus and related prospectus supplement. A copy of the prospectus supplement, together with the prospectus, has been filed with the U.S. Securities and Exchange Commission and is available on the SEC's website, www.sec.gov. The prospectus supplement and the accompanying prospectus may also be obtained by contacting:
Goldman, Sachs & Co. Banc of America Securities LLC
85 Broad Street 100 West 33rd Street
Concourse Level 3rd Floor
New York, NY 10004 New York, NY 10001
Attn: Prospectus Dep't Attn: Prospectus Dep't
1-866-471-2526 1-800-294-1322
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The joint bookrunners for the offering are Goldman, Sachs & Co. and Banc of America Securities LLC. Proceeds from the offering will be used for general corporate purposes.
About Sysco
Sysco sells, markets and distributes food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.
The Sysco Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=747