secwatch.observer — SEC 8-K summary
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Issuer:     SENSIENT TECHNOLOGIES CORP (SXT)
CIK:        0000310142
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001140361-25-022985
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sensient enters $400M credit facility, extends maturity to 2030
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- Revolving credit facility increased from $350M to $400M; incremental commitment raised to $150M.
- Maturity extended from May 2026 to June 2030 under Fourth Amended and Restated Credit Agreement.
- Interest rates: SOFR/EURIBOR/SONIA + 1.00%-1.50% spread based on Net Leverage Ratio.
- Covenants: max Net Leverage Ratio 3.50x, min interest coverage 3.00x; customary events of default.
- Second amendment extends certain loan agreement maturity to June 30, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310142/000114036125022985/0001140361-25-022985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310142/000114036125022985/ef20050621_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-022985

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