McCormick & Company in $2 Billion Revolving Credit Facility

May 13, 2025

Cleary Gottlieb represented McCormick & Company Incorporated (McCormick) in a $2 billion five-year revolving credit facility.

The proceeds of the facility will be used for general corporate purposes.

Bank of America N.A. served as the administrative agent and a lender. The transaction closed on May 13, 2025.

Founded in 1889, McCormick is a global leader in flavor. With over $6.5 billion in annual sales across 150 countries and territories, McCormick manufactures, markets, and distributes herbs, spices, seasonings, condiments, and flavors to the entire food and beverage industry including retailers, food manufacturers, and foodservice businesses.