Sysco selling benchmark four-tranche offering of notes Tuesday

By Aleesia Forni

New York, March 22 – Sysco Corp. plans to price a benchmark offering of senior notes in four tranches on Tuesday, according to a market source and a 424B3 filed with the Securities and Exchange Commission.

The offering includes tranches of notes due 2019, 2021, 2026 and 2046.

Goldman Sachs & Co., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, TD Securities, HSBC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used to fund the company’s acquisition of Brakes Group.

Sysco is a Houston-based food service marketing and distribution company.

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