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Sysco Enters New $3B Credit Agreement with Bank

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Sysco Enters New $3B Credit Agreement with Bank

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Sysco ( (SYY) ) has issued an announcement.

On September 5, 2025, Sysco Corporation and its subsidiaries entered into a new Credit Agreement with Bank of America, replacing its existing $3.0 billion credit facility. The new agreement maintains the $3.0 billion commitment with an option to increase to $4.0 billion, maturing in 2030, and includes standard covenants and guarantees, serving as a backstop for Sysco’s commercial paper program.

The most recent analyst rating on (SYY) stock is a Buy with a $82.00 price target. To see the full list of analyst forecasts on Sysco stock, see the SYY Stock Forecast page.

Spark’s Take on SYY Stock

According to Spark, TipRanks’ AI Analyst, SYY is a Outperform.

Sysco’s overall stock score is driven by strong financial performance and positive earnings call sentiment, particularly in international growth and strategic initiatives. Technical indicators support a positive trend, although valuation concerns slightly temper the outlook.

To see Spark’s full report on SYY stock, click here.

More about Sysco

Sysco Corporation operates in the foodservice industry, providing products and services primarily to the foodservice and hospitality sectors. The company focuses on distributing food and related products to restaurants, healthcare and educational facilities, and other customers who prepare meals away from home.

Average Trading Volume: 2,951,656

Technical Sentiment Signal: Buy

Current Market Cap: $39.43B

For detailed information about SYY stock, go to TipRanks’ Stock Analysis page.

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