Sysco is selling large U.S., Canadian and euro bonds that increase cash and also raise long-term interest costs; those facts largely cancel, so the company's outlook does not change.
Sysco is selling large amounts of U.S., Canadian and euro bonds across many maturities. The sale gives Sysco cash access but also adds long-dated interest obligations, so the positives and negatives balance.
Follow Sysco Holdings Corp (SYY) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for SYY