International Flavors & Fragrances’ $500 Million Offering
May 18, 2017
Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in the SEC-registered debt offering by International Flavors & Fragrances Inc. of $500 million aggregate principal amount of its 4.375 percent senior notes due 2047.
The transaction priced on May 15, 2017, and closed on May 18, 2017.
International Flavors and Fragrances Inc. creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries. It is one of the top four flavors and fragrances producers in the world, with operations in over 30 different countries.