Darling launches $500m high yield bond for Vion takeover

Darling International, the US food products firm, has launched its planned high yield bond to refinance its bridge loan for the takeover of Vion Ingredients of the Netherlands.

  • By Stefanie Linhardt
  • 16 Dec 2013

The $500m of eight year unsecured notes will be callable after three years.

Darling will use the proceeds to redeem its 8.5% senior notes due 2018, to finance some of its acquisition of the Vion Ingredients division of Vion Holding, to pay fees and expenses and for ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 16.10
2 Rabobank 15.11
3 Barclays 9.42
4 Credit Agricole 7.93
5 Morgan Stanley 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%