Darling Ingredients upsizes, amends and extends credit facility

By Mary-Katherine Stinson

Lexington, Ky., Dec. 13 – Darling Ingredients Inc. amended and extended its senior secured credit facility, according to a press release.

The total facility size is now $1.9 billion, including the existing revolving portion of the facility and a new $400 million delayed-draw term loan A.

Both the revolver and the term loan A mature on Dec. 9, 2026.

The amendment also joins Darling Ingredients Germany Holding GmbH and Darling Ingredients Belgium Holding BV, both indirect subsidiaries of the company, as guarantors and borrowers under the credit agreement.

In addition, the amendment updates and modifies certain other terms and provisions including the reflection of alternative reference rates based on SOFR for U.S. dollar loans, Sonia for pound sterling loans and Euribor for euro dollar loans.

Darling is an Irving, Texas-based developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients.

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