Simpson Thacher represented the initial purchasers, led by bookrunning manager BofA Securities, Inc., in connection with a Rule 144A/Regulation S offering of $250 million aggregate principal amount of additional 6% Senior Notes due 2030 (the “Additional Notes”) by Darling Ingredients Inc. (“Darling Ingredients”). The Additional Notes were issued as additional notes under the indenture governing Darling Ingredients’ $750 million aggregate principal amount of 6% Senior First Lien Notes due 2030 that were issued on June 9, 2022.
Darling Ingredients is a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and specialty solutions for customers in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy and fertilizer industries.
The Simpson Thacher team included Art Robinson, Patrick Baron, Ben Carson and Natalie Sherburne (Capital Markets); Toby Chun and Noreen Lavan (Environmental); Larry Moss and Meredith Brenton (Executive Compensation and Benefits); Jonathan Cantor and Michael Slomovics (Tax); Alysha Sekhon and Kate Mirino (Intellectual Property); and Jennie Getsin (Blue Sky).