DBRS Rates SYSCO Corporation’s $500 Million Notes Issue at AA (low)

DBRS has today assigned a rating of AA (low) with a Stable trend to SYSCO Corporation’s senior unsecured notes issue, which consists of the following two tranches:
-- $250 million of 5.375% notes due 2019.
-- $250 million of 6.625% notes due 2039.

The proceeds from the notes issue will be used for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodologies are Rating Food Retailers and Rating Consumer Products, which can be found on our website under Methodologies.

This is a Corporate rating.