04:44 PM EDT, 06/26/2025 (MT Newswires) -- Darling Ingredients ( DAR ) said Thursday that its global finance unit closed an offering of 750 million euros ($877.4 million) in senior notes due 2032, bearing a rate of 4.5%.
The company also refinanced debt under an existing credit agreement, which includes a $2 billion revolving credit facility and a $900 million farm credit term loan.
Darling used the proceeds, along with borrowings under the new senior secured credit facilities, to redeem 515 million euros in senior notes due 2026, refinance existing senior credit facilities, and cover related refinancing costs.