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Sysco to Offer Unsecured Notes

By Restaurant Business Staff on Mar. 13, 2009
The agreement provides for the notes to be issued in two tranches, comprised of $250 million due 2019 and $250 million due 2039. The notes will bear interest rates of 5.375% and 6.625% respectively, per annum.

A Reuters report notes that the size of the deal was increased from an originally planned $250 million.

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