SENSIENT TECHNOLOGIES CORP

$400m committed across 1 active facility, next covenant test Sep 30, 2026. SXT

Industrial Organic Chemicals

Recent changes

  1. Jun 23, 2026SENSIENT TECHNOLOGIES CORP signs $400m CREDIT AGREEMENT, matures Jun 2031SEC ↗

Net leverage: when the limit steps, and which way the company's ratio has been moving.

202520263.68x2.92x2.15xToday
Tested quarterly30.6%ratio 2.43x, estimated, vs 3.50x limit in force at Jun 30, 20263.50x
The Company will not permit the Leverage Ratio, determined as of the last day of each fiscal quarter of the Company, to be greater than 3.50 to 1.00
Read the filing on sec.gov ↗
Tested quarterly225.0%ratio 9.75x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x
The Company will not permit the Interest Coverage Ratio, determined as at the last day of each fiscal quarter of the Company, to be less than 3.00 to 1.00.
Read the filing on sec.gov ↗

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CREDIT AGREEMENT

Date not stated

Committed
$400m
Matures
Jun 2031
Agent
CoBank, ACB
TrancheSizeMaturesMargin
Delayed draw term loan$400mJun 2031163–200 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level ILess than 1.50 to 1.00163 bpsn/a
Level IIGreater than or equal to 1.50 to 1.00 but less than 2.00 to 1.00163 bpsn/a
Level IIIGreater than or equal to 2.00 to 1.00 but less than 2.50 to 1.00163 bpsn/a
Level IVGreater than or equal to 2.50 to 1.00 but less than 3.00 to 1.00175 bpsn/a
Level VGreater than or equal to 3.00 to 1.00200 bpsn/a

§1.1

Lenders: CoBank, ACB, Compeer Financial, PCA

No amendments on file yet.

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