Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment - S&P Global Ratings’ Credit Research

Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment

Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment - S&P Global Ratings’ Credit Research
Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment
Published Sep 20, 2023
3 pages (1771 words) — Published Sep 20, 2023
Price US$ 600.00  |  Buy this Report Now

About This Report

  
Abstract:

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Brief Excerpt:

...September 20, 2023 This report does not constitute a rating action. On Sept. 19, 2023, International Flavors & Fragrances Inc. (IFF; ###-/Negative/A-3) entered into amendments for its term loan and revolving credit agreements, whereby lenders have agreed to loosen its maximum leverage covenant. The amendment comes a month after the company reported weaker-than-expected second-quarter results and revised its guidance for fiscal 2023 (ending December 2023). Here, S&P Global Ratings presents frequently asked questions from investors following second-quarter earnings results and the amendment....

  
Report Type:

Commentary

Ticker
IFF
Issuer
International Flavors&Fragrances Inc.
GICS
Specialty Chemicals (15101050)
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment" Sep 20, 2023. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Credit-FAQ-Our-Updated-Views-Following-International-Flavors-Fragrances-Inc-s-Covenant-Amendment-3057709>
  
APA:
S&P Global Ratings’ Credit Research. (). Credit FAQ: Our Updated Views Following International Flavors&Fragrances Inc.'s Covenant Amendment Sep 20, 2023. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Credit-FAQ-Our-Updated-Views-Following-International-Flavors-Fragrances-Inc-s-Covenant-Amendment-3057709>
  
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