07.03.2016 19:03:00
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International Flavors & Fragrances, Inc. -- Moody's assigns Baa1 rating to IFF's new notes
New York, March 07, 2016 -- Moody's Investors Service assigned a Baa1 rating to International Flavors & Fragrances, Inc.'s ("IFF") new EUR500 million Senior Unsecured Notes. IFF intends to use the net proceeds from the offering to repay at maturity its senior unsecured notes due July 2016, to repay borrowings under the revolving credit facility, and for general corporate purposes.