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Dean Foods Plans $400 Million Note Sale To Fund Refinancing

DOW JONES NEWSWIRES Dean Foods Co. (DF) plans to sell some $400 million of notes to repay other borrowings. Shares were up 4% at $7.75 in recent trading. The stock is down 57% this year as the biggest U.S. dairy processor and distributor by revenue has seen its bottom line hurt as consumers have continued to turn to less-expensive milk rather than its branded offerings. Dean Foods joins a big roster of corporations that have been looking to take advantage of historically low interest rates to refinance portions of their balance sheet. The company's weak performance and industry woes have hurt Dean's credit ratings. Separately, Dean Foods said Thursday that it promoted Controller Scott Vopni to chief accounting officer. He succeeds Shaun Mara, who was promoted to chief financial officer at the start of this month. -By Tess Stynes, Dow Jones Newswires; 212-416-2481;;

Stock News for Dean (DF)
10/12/201618:08:40Statement of Changes in Beneficial Ownership (4)
10/05/201616:54:00Dean Foods Company Announces Upcoming Webcast of Third Quarter...
10/04/201618:04:00Statement of Changes in Beneficial Ownership (4)
10/04/201618:01:22Statement of Changes in Beneficial Ownership (4)
10/04/201617:57:53Statement of Changes in Beneficial Ownership (4)
10/04/201617:56:32Statement of Changes in Beneficial Ownership (4)
10/04/201617:54:54Statement of Changes in Beneficial Ownership (4)
10/04/201617:53:36Statement of Changes in Beneficial Ownership (4)
09/02/201609:42:00U.S. Hot Stocks: Hot Stocks to Watch
09/01/201618:50:00Dean Foods Names New CEO
09/01/201616:39:57Current Report Filing (8-k)
09/01/201616:17:00Dean Foods Company Announces CEO Succession Plan
08/16/201616:19:33Statement of Changes in Beneficial Ownership (4)
08/16/201616:16:53Statement of Changes in Beneficial Ownership (4)
08/10/201616:30:00Dean Foods Declares Quarterly Dividend
08/08/201616:13:22Quarterly Report (10-q)
08/08/201609:30:00Dean Foods Revenue Declines Continue Amid Falling Volume
08/08/201608:15:50Current Report Filing (8-k)
08/08/201606:45:00Dean Foods Announces Second Quarter 2016 Results
08/02/201619:23:41Statement of Changes in Beneficial Ownership (4)

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