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Sysco Sees Blowout Demand for $17 Billion Bond

Bloomberg Markets •
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Sysco Corp. drew about $90 billion of orders for the US dollar portion of its global bond offering, underscoring strong investor appetite for both blue-chip and riskier debt to finance its purchase of cash-and-carry wholesaler Jetro Restaurant Depot LLC.

The food-service giant raised about $12 billion-equivalent through investment-grade notes and $5 billion-equivalent through riskier hybrid securities, marking one of the largest M&A financing deals to come to market in 2026.