Darling’s $1.2bn loan oversubscribed after equity boost

US food products group Darling International’s $1.2bn transatlantic term loan ‘B’ package to finance its acquisition of Vion Ingredients will be oversubscribed.

  • By Jon Hay
  • 17 Dec 2013

“It’s gone very well,” said a banker close to the deal. “We’re still collecting orders but the response has been very positive and it will be oversubscribed. It should wrap up later today.”

Darling, which recycles animal byproducts, bakery residuals and restaurant grease for the food industry, is ...

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