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 our subscriptions team to discuss your access: subs@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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 120,126.76 346 12.85%
2 Bank of America Merrill Lynch 99,988.41 288 10.70%
3 Wells Fargo Securities 88,516.28 265 9.47%
4 JPMorgan 69,113.88 208 7.39%
5 Credit Suisse 51,313.00 155 5.49%