• IFF signed a Term Loan Credit Agreement for a USD 1 billion senior unsecured delayed draw term loan facility with Wells Fargo as agent.
• Single U.S.-dollar borrowing available through Sept. 25, 2026; maturity Dec. 31, 2027; amounts cannot be reborrowed.
• Proceeds, with cash on hand, earmarked to refinance the EUR 800 million 1.8% Senior Notes due Sept. 25, 2026.
• Pricing set at Term SOFR plus 0.875%-1.5%, or base rate plus 0%-0.5%, tied to public debt ratings.
• Mandatory prepayment tied to Food Ingredients business sale proceeds; net leverage covenant caps net debt-to-EBITDA at 3.75x.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IFF - International Flavors & Fragrances Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-026107), on June 23, 2026, and is solely responsible for the information contained therein.