Monitor the Q3 and Q4 2026 earnings calls for updates on the Jetro acquisition closing timeline and any changes to guidance related to integration costs or synergy realization.
Price Chart
Executive Summary
Sysco Corp entered into new credit agreements on April 16, 2026, establishing a $3.0 billion term loan facility and a $3.0 billion revolving credit facility, which will increase to $4.0 billion upon closing its acquisition of Jetro Restaurant Depot. The term loans consist of a $1.25 billion tranche maturing in one year and a $1.75 billion tranche maturing in two years, with proceeds used to fund the acquisition, refinance existing debt, and cover transaction costs.
Key Financial Metrics
Key Facts
- Sysco entered into a $3.0 billion term loan credit agreement with a $1.25 billion tranche maturing in 364 days and a $1.75 billion tranche maturing in two years
- Sysco entered into a $3.0 billion revolving credit agreement that will increase to $4.0 billion upon closing the Jetro acquisition
- Proceeds will fund the acquisition of Jetro Restaurant Depot, refinance existing debt, and cover transaction fees and expenses
- The term loans will mature on April 16, 2031, while the revolving credit agreement has a maturity date of April 16, 2031
- The credit agreements contain customary covenants and events of default, including requirements to maintain a certain ratio of consolidated EBITDA to consolidated interest expense
Financial Impact
$3.0 billion in term loans and $4.0 billion in revolving credit (post-acquisition)
Risk Factors
- Failure to close the Jetro acquisition within the required timeframe could impact the availability of the increased $4.0 billion revolving credit facility
- The company will face increased interest expense from the new debt facilities, which could pressure margins if synergies from the acquisition are not realized as expected
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001193125-26-164096 |
| Document: 0001193125-26-164096-index-headers.html | 0001193125-26-164096 |
| Document: 0001193125-26-164096-index.html | 0001193125-26-164096 |
| Document: 0001193125-26-164096.txt | 0001193125-26-164096 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 16d ago | 424B5 | $78.71 $77.14 | ▼ −1.99% | ▼ −4.56% | $77.49 (−1.55%) |
Sep 15, 2026 17d ago | Press Release | $79.60 $78.67 | ▲ +1.17% | ▲ +3.28% | $77.49 (+2.65%) |
Sep 14, 2026 18d ago | 8-K | $79.60 $78.67 | ▼ −1.17% | ▼ −3.28% | $77.49 (−2.65%) |
Sep 9, 2026 23d ago | 8-K | $81.57 $78.71 | ▼ −3.51% | ▼ −2.85% | $77.49 (−5.00%) |
Sep 9, 2026 23d ago | 8-K | $81.57 $78.71 | ▼ −3.51% | ▼ −2.85% | $77.49 (−5.00%) |
Aug 20, 2026 6w ago | Press Release | $84.10 $81.94 | ▼ −2.57% | ▼ −3.04% | $77.49 (−7.86%) |
Aug 20, 2026 6w ago | 8-K | $83.06 $82.45 | ▼ −0.73% | ▼ −1.85% | $77.49 (−6.71%) |
Aug 12, 2026 7w ago | 425 / 8-K | $84.69 $82.41 | ▼ −2.70% | ▼ −2.25% | $77.49 (−8.50%) |
Aug 4, 2026 8w ago | 8-K | $82.79 $84.26 | ▲ +1.78% | ▲ +1.88% | $77.49 (−6.40%) |
Jul 14, 2026 11w ago | Press Release | $82.85 $80.78 | ▼ −2.50% | ▼ −1.20% | $77.49 (−6.47%) |
US Market Status
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