Sysco Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
WASHINGTON, D.C. 20549
FORM | ||
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 4, 2025
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On June 4, 2025, Sysco Corporation (“Sysco”), Sysco Global Holdings B. V. (“New Borrower”), Sysco Canada, Inc., Sysco EU II S.À R.L., Bank of America, N.A., as Administrative Agent, and the lenders and guarantors party thereto entered into an amendment (“Amendment No. 2”) to Sysco’s existing Credit Agreement, dated as of April 29, 2022 (as amended by Amendment No. 1 to the Credit Agreement, dated as of June 11, 2024, the “Existing Credit Agreement”; and the Existing Credit Agreement as amended by Amendment No. 2, the “Amended Credit Agreement”). Amendment No. 2, among other things, joins the New Borrower as a “Subsidiary Borrower” under the Amended Credit Agreement, (i) permitting the New Borrower to request and accept extensions of credit under the Amended Credit Agreement, and (ii) assuming the obligations of a “Subsidiary Borrower” thereunder.
Neither Sysco nor any of its affiliates has any material relationship with any of the other parties to Amendment No. 2, except for commercial banking, investment banking, underwriting, trust and other financial advisory services provided (or to be provided) to Sysco and its subsidiaries by certain of the lenders under the Amended Credit Agreement (and their respective affiliates), for which they have received (or will receive) customary fees and expenses.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER
AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Sysco Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Sysco Corporation
Date: June 6, 2025 | By: | /s/ Jennifer K. Schott | ||||||
| Jennifer K. Schott | ||||||||
| Executive Vice President, Chief Legal Officer | ||||||||
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