Darling Ingredients Inc. Announces Closing of Private Offering of $750 Million of Unsecured Senior Notes due 2030
IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").
- IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").
- The notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022.
- Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
- Darling Ingredients Inc. (NYSE: DAR) isthe largest publicly traded company turning edible by-products and food waste into sustainable products and a leading producer of renewable energy.