---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-040533"
form_type: "8-K"
ticker: "SXT"
cik: "0000310142"
company_name: "SENSIENT TECHNOLOGIES CORP"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:39:43.922214+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sensient enters €75M unsecured term loan facility; refinances €66.9M Series F notes

## Summary
- €75,000,000 unsecured term loan due Nov 7, 2024; borrowed same day to repay €66,856,837 Series F notes due Nov 6, 2022 and revolver balance.
- Interest rate: EURIBOR plus margin of 1.250% (Pricing Level III); adjusted quarterly based on Leverage Ratio.
- Financial covenants: max Leverage Ratio 3.50x (4.00x after qualified acquisitions); min Interest Coverage Ratio 3.00x.
- Loan agreement includes customary events of default and prepayment without penalty, pro rata among lenders.
- Administrative agent: PNC Bank; lead arranger: PNC Capital Markets LLC.

## SEC filing metadata
- accession: 0001140361-22-040533
- form_type: 8-K
- ticker: SXT
- cik: 0000310142
- company_name: SENSIENT TECHNOLOGIES CORP
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310142/000114036122040533/0001140361-22-040533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310142/000114036122040533/brhc10043790_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-040533
- JSON: https://secwatch.observer/filing/0001140361-22-040533.json
- Plain text: https://secwatch.observer/filing/0001140361-22-040533.txt

## Key facts
- Debt Financings
  SENSIENT TECHNOLOGIES CORP incurred term loan of €75,000,000 with PNC Bank, National Association, as administrative agent at Eurocurrency Rate plus a margin determined on the basis of the Company’s leverag maturing November 7, 2024.
  - Instrument: term loan
  - Principal: €75,000,000
  - Counterparty: PNC Bank, National Association, as administrative agent
  - Rate: Eurocurrency Rate plus a margin determined on the basis of the Company’s leverag
  - Maturity: November 7, 2024
  - Event: incurrence
  source text: On November 7, 2022, Sensient Technologies Corporation (the “Company”) entered into a new Loan Agreement (the “Loan Agreement”) among the Company, PNC Bank, National Association, as administrative agent, and the other lenders party thereto. The Loan Agreement provides for an unsecured term loan facility of €75,000,000 that matures on November 7, 2024. Also on November 7, 2022, the Company borrowed all €75,000,000 under the Loan Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/310142/000114036122040533/0001140361-22-040533-index.htm
- Material Agreements
  SENSIENT TECHNOLOGIES CORP entered into Loan Agreement with PNC Bank, National Association, as administrative agent, and the other lenders party thereto valued at €75,000,000 (effective 2022-11-07).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association, as administrative agent, and the other lenders party thereto
  - Value: €75,000,000
  - Effective: 2022-11-07
  source text: On November 7, 2022, Sensient Technologies Corporation (the “Company”) entered into a new Loan Agreement (the “Loan Agreement”) among the Company, PNC Bank, National Association, as administrative agent, and the other lenders party thereto. The Loan Agreement provides for an unsecured term loan facility of €75,000,000 that matures on November 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310142/000114036122040533/0001140361-22-040533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.