Sensient gets new $350 million revolver, $100 million term loan

By Jennifer Chiou

New York, Oct. 24 – Sensient Technologies Corp. completed a new $350 million five-year revolving credit facility and $100 million term loan with nine banks, according to a company news release.

Proceeds will be used to refinance current bank debt and for general corporate purposes.

“The transaction was significantly oversubscribed,” president and chief executive officer Paul Manning said in the release.

Sensient is a Milwaukee-based manufacturer and marketer of colors, flavors and fragrances.

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