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Debt (Tables)
6 Months Ended
Jun. 28, 2014
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consists of the following (in thousands):
 
        
 
June 28, 2014
 
December 28, 2013
Amended Credit Agreement and Former Credit Agreement:
 
 
 
Revolving Credit Facility
$
200,018

 
$
286,676

Term Loan A
336,421

 
340,030

Term Loan B
1,294,442

 

5.375% Senior Notes due 2022
500,000

 

8.5% Senior Notes due 2018

 
250,000

Other Notes and Obligations
40,390

 
10,129

 
2,371,271

 
886,835

Less Current Maturities
68,616

 
19,888

 
$
2,302,655

 
$
866,947

Schedule Of Debt Redemption Prices
On and after January 15, 2017, Darling may redeem all or, from time to time, a part of the 5.375% Notes (including any additional 5.375% Notes), upon not less than 30 nor more than 60 days' notice at the following redemption prices (expressed as a percentage of principal amount), plus accrued and unpaid interest on the 5.375% Notes, if any, to, but excluding, the applicable redemption date (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the twelve-month period beginning on January 15 of the years indicated below:
 
Year
Percentage
2017
104.031%
2018
102.688%
2019
101.344%
2020 and thereafter
100.000%
Credit Agreement and the Notes elements
The Credit Agreement and the Senior Notes due 2022 and 2018 consisted of the following elements at June 28, 2014 and December 28, 2013, respectively (in thousands):

 
 
June 28,
2014
December 28,
2013
Senior Notes:
 
 
5.375% Senior Notes due 2022
$
500,000

$

8.5% Senior Notes due 2018
$

$
250,000

Senior Secured Credit Facilities:
 
 
Term Loan A
$
336,421

$
340,030

Term Loan B
$
1,294,442

$

Revolving Credit Facility:
 

 

Maximum availability
$
1,000,000

$
1,000,000

Borrowings outstanding
200,018

286,676

Letters of credit issued
32,663

32,662

Availability
$
767,319

$
680,662