Debt (Tables)

9 Months Ended

Sep. 27, 2014

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following (in thousands):

	September 27, 2014		December 28, 2013
Amended Credit Agreement and Former Credit Agreement:
Revolving Credit Facility ($43.2 million denominated in CAD)	$	178,204	$	286,676
Term Loan A ($131.6 million denominated in CAD)	326,636		340,030
Term Loan B ($647.7 million denominated in Euro)	1,246,234		—
5.375% Senior Notes due 2022	500,000		—
8.5% Senior Notes due 2018	—		250,000
Other Notes and Obligations	32,153		10,129
	2,283,227		886,835
Less Current Maturities	60,197		19,888
	$	2,223,030	$	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 Amended Credit Agreement, the 5.375% Notes and the 8.5% Notes consisted of the following elements at September 27, 2014 and December 28, 2013, respectively (in thousands):

	September 27, 2014		December 28, 2013
Senior Notes:
5.375% Senior Notes due 2022	$	500,000	$	—
8.5% Senior Notes due 2018	$	—	$	250,000
Amended Credit Agreement:
Term Loan A	$	326,636	$	340,030
Term Loan B	$	1,246,234	$	—
Revolving Credit Facility:
Maximum availability	$	1,000,000	$	1,000,000
Borrowings outstanding	178,204		286,676
Letters of credit issued	34,871		32,662
Availability	$	786,925	$	680,662