Sysco plans USD 1 billion common stock offering
Reuters2026/09/14 20:21- 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.
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