04:27 PM EDT, 06/18/2025 (MT Newswires) -- Darling Ingredients ( DAR ) said late Wednesday it priced 750 million euros (about $861 million) of senior notes due 2032, bearing a rate of 4.5%.
The offering will be issued by the company's unit, Darling Global Finance, and is expected to close on June 24, subject to customary conditions, according to a statement.
The company said it plans to use the net proceeds to redeem its subsidiary's 515 million euros of senior notes due 2026, repay some existing senior secured credit facilities, and cover transaction costs.