secwatch.observer — SEC 8-K summary
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Issuer:     SENSIENT TECHNOLOGIES CORP (SXT)
CIK:        0000310142
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001140361-22-046392
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sensient amends credit agreement to replace LIBOR with SOFR and add GBP as available currency
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- First Amendment to Third Amended and Restated Credit Agreement dated Dec 14, 2022.
- Transition from LIBOR to SOFR as benchmark rate for USD borrowings.
- Adds English pounds as an available currency for borrowings.
- Amendment with Wells Fargo as administrative agent and multiple lenders.
- No change to the $350M aggregate revolving commitment amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310142/000114036122046392/0001140361-22-046392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310142/000114036122046392/brhc10045512_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-046392

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer