Sysco Closes $500 Million Sustainability Bond Issuance
Foodservice distribution company Sysco announced the closing of its first Sustainability Bond issuance. Proceeds from the $500 million offering will fund projects that help advance Sysco’s 2025 Corporate Social Responsibility (CSR) Goals.
In total, the offering that closed today raised $1 billion, comprised of $500 million in 10-year 2.4% senior notes, representing the Sustainability Bond issuance, and an additional $500 million in 30-year 3.3% senior notes, the company said in a statement.
“We are proud to lead our industry in issuing our first ever Sustainability Bond..."
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