Financing ·
Sensient Technologies Corporation entered into a $400 million unsecured delayed-draw term loan credit facility with…
SXTSensient Technologies Corp
Sensient Technologies Corporation entered into a $400 million unsecured delayed-draw term loan credit facility with CoBank, ACB as administrative agent. The facility is to be drawn in up to five advances over fifteen months, with all amounts due five years from the closing date. Proceeds will be used to refinance existing debt and for working capital or general corporate purposes. Sensient Technologies Corporation is a manufacturer of specialty ingredients for the food, beverage, and fragrance industries.