Deal Description: On February 13, 2025, Sysco Corporation (NYSE: SYY) announced its public offering of $700.0 million aggregate principal amount of its 5.100% Senior Notes due 2030 and $550.0 million aggregate principal amount of its 5.400% Senior Notes due 2035. The offering is expected to close on February 25, 2025, subject to the satisfaction of customary closing conditions.

Sysco Corporation plans to use the net proceeds from the sale of the notes for general corporate purposes, including to repay outstanding borrowings under its commercial paper programs.

Baker Botts L.L.P. is representing the underwriters in the offering.

Clients: BofA Securities, Goldman Sachs & Co. LLC, J.P. Morgan Securities, TD Securities and Wells Fargo Securities acted as joint book-running managers.

Outside Counsel to Sysco: King & Spalding LLP

Value: $1.25 billion

Baker Botts Lawyers/Office Involved:

• Corporate: Eileen Boyce (Partner, Houston); Michael Mazidi (Associate, Houston); Sarah Dyer (Associate, Houston), Adrienne Murr (Associate, Houston)
• Tax: Jon Lobb (Partner, Houston); Michael Kovacich (Associate, Houston)

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