Darling Ingredients Inc. Credit Rating

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Date	Document Type	Title	Source
07 Sep 2018	Credit Opinion	Darling Ingredients Inc.: Update to Discussion of Credit Factors	Moody's Investors Service
03 Sep 2018	Peer Snapshot	Darling Ingredients Inc. - June 2018 (LTM): Peer Snapshot	Moody's Investors Service
15 Jun 2018	Peer Snapshot	Darling Ingredients Inc. - March 2018 (LTM): Peer Snapshot	Moody's Investors Service
23 May 2018	Covenant Quality Assessment	Darling Global Finance B.V.: Covenant Quality Post-Sale Snapshot: €515m 3.625% Senior Notes due 2026	Moody's Investors Service
05 Apr 2018	Peer Snapshot	Darling Ingredients Inc. - December 2017 (LTM): Peer Snapshot	Moody's Investors Service
09 Feb 2018	Issuer In-Depth	Darling Ingredients Inc.: FAQ on impact of Diamond Green Diesel joint venture on Darling's credit quality	Moody's Investors Service
19 Dec 2017	Peer Snapshot	Darling Ingredients Inc. - September 2017 (LTM): Peer Snapshot	Moody's Investors Service
04 Dec 2017	Rating Action	Moody's rates Darling's $525 million Term Loan B facility Ba1; Stable outlook	Moody's Investors Service
14 Sep 2017	Credit Opinion	Darling Ingredients Inc.: Update to Discussion of Credit Factors	Moody's Investors Service
05 Sep 2017	Peer Snapshot	Darling Ingredients Inc. - July 2017 (LTM): Peer Snapshot	Moody's Investors Service
12 Jun 2017	Peer Snapshot	Darling Ingredients Inc. - April 2017 (LTM): Peer Snapshot	Moody's Investors Service
30 Mar 2017	Peer Snapshot	Darling Ingredients Inc. - December 2016 (LTM): Peer Snapshot	Moody's Investors Service
06 Dec 2016	Peer Snapshot	Darling Ingredients Inc. - Q3 2016: Peer Snapshot	Moody's Investors Service
22 Sep 2016	Credit Opinion	Darling Ingredients Inc.: Update Following Recent Change In Outlook to Stable From Negative	Moody's Investors Service
21 Sep 2016	Rating Action	Moody's Affirms Darling's Ratings; Outlook Stable	Moody's Investors Service
12 Apr 2016	Issuer In-Depth	Darling Ingredients Inc.: FAQ on Raw Material Pricing Formulas and Exposure to Commodity Price Risk	Moody's Investors Service
25 Sep 2015	Credit Opinion	Darling Ingredients Inc.	Moody's Investors Service
26 May 2015	Rating Action	Moody's Revises Darling's Outlook to Negative. New Bonds Rated Ba3	Moody's Investors Service
23 Dec 2013	Announcement	Correction to Text, December 10, 2013 Release: Moody's Downgrades Darling's CFR to Ba2 on Weakened Credit Metrics Pro Forma for Vion Acquisition	Moody's Investors Service
18 Dec 2013	Covenant Quality Assessment	Darling Escrow Corporation (to be merged into Darling International Inc.) - Pre-Sale Snapshot - $500m _% Senior Notes due 2021	Moody's Investors Service
10 Dec 2013	Rating Action	Moody's Downgrades Darling's CFR to Ba2 on Weakened Credit Metrics Pro Forma for Vion Acquisition	Moody's Investors Service
07 Oct 2013	Rating Action	Moody's Places Darling's Ratings Under Review for Downgrade	Moody's Investors Service
26 Aug 2013	Rating Action	Moody's Assign Ba1 ratings to Darling's credit facilities	Moody's Investors Service
06 Aug 2013	Announcement	Moody's Views Darling's Acquisition of Terra as a Credit Positive	Moody's Investors Service
06 Aug 2013	Issuer Comment	Moody's Views Darling's Acquisition of Terra Renewal Services, Inc. as Credit Positive	Moody's Investors Service
06 Aug 2013	Rating Action	Moody's Affirms Darling's Ba1 CFR; Outlook Stable	Moody's Investors Service
18 Sep 2012	Rating Action	Moody's upgrades Darling's CFR to Ba1; changes outlook to stable	Moody's Investors Service
12 Mar 2012	LGD Assessment	Darling International Inc.	Moody's Investors Service
27 Sep 2011	Rating Action	Moody's upgrades Darling's CFR to Ba2; outlook positive	Moody's Investors Service
29 Jun 2011	Rating Action	Moody's Places Darling International's Ba3 Corporate Family Rating Under Review For Upgrade	Moody's Investors Service
17 Nov 2010	Rating Action	Moody's Assigns First Time Ba3 CFR to Darling International; Outlook Stable	Moody's Investors Service
23 Aug 1995	Rating Action	MOODY'S ASSIGNS B3 RATING TO DARLING INTERNATIONAL'S SUB. DEBT, Ba3 TO ITS BANK FACILITIES	Moody's Investors Service

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