Sysco Corporation Expands Credit Agreement with New Borrower Inclusion in Amended Deal

Reuters
07 Jun
Sysco Corporation Expands Credit Agreement with New Borrower Inclusion in Amended Deal

Sysco Corporation has entered into an Amendment No. 2 to its existing Credit Agreement, originally dated April 29, 2022. This amendment, effective June 4, 2025, involves Sysco, Sysco Global Holdings B.V. as a new subsidiary borrower, Sysco Canada, Inc., Sysco EU II S.À R.L., Bank of America, N.A., as Administrative Agent, and various lenders and guarantors. The amendment allows Sysco Global Holdings B.V. to request and accept credit extensions under the updated agreement. This strategic move aims to enhance Sysco's financial flexibility and support its global operations. The parties involved maintain standard commercial relationships, including banking and financial advisory services.

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