Sysco Canada Inc, headquartered in Calgary, Alberta, is a leading distributor of foodservice products in Canada, serving a diverse range of clients including restaurants, healthcare facilities, and educational institutions. The company is part of Sysco Corporation, a global leader in foodservices, and it supplies a comprehensive catalog of products, including fresh and frozen foods, kitchen equipment, and supply chain solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SYY 3.65% 2025-04-25 CADSysco Canada Inc | Canada | 2025-04-25 | 3.650 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sysco Canada has a robust history of bond issuances, having first entered the bond market in the early 2000s to fund its expansion strategies. Notable recent issuances include a CAD 300 million bond in 2022, which was aimed at refinancing existing debt and investing in new capabilities, reflecting a current yield of approximately 3.5%, competitive with industry averages. Additionally, the company’s bonds often feature call options allowing for early redemption, which provides flexibility amid shifting market conditions.