debt
confidence high
sentiment neutral
materiality 0.50
Sensient upsizes receivables facility to $85M and extends to Aug 2023
SENSIENT TECHNOLOGIES CORP
- Facility limit increased from $30M to $85M; termination date extended to Aug 31, 2023.
- Interest rate benchmark changed from LIBOR to SOFR.
- Removed restriction limiting eligible receivables due within 61–120 days to 30% of pool.
- Amendment effective August 31, 2022; conditions precedent satisfied.