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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)
07/27/201508:00:00Dean Foods Company Announces Upcoming Webcast of Second Quarter...
07/02/201517:08:15Statement of Changes in Beneficial Ownership (4)
07/02/201516:38:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:26:20Statement of Changes in Beneficial Ownership (4)
07/02/201516:24:35Statement of Changes in Beneficial Ownership (4)
06/12/201516:15:00Frostbite Novelty in Toledo Earns Top Award in Dean Foods National...
06/05/201516:15:00Swiss Premium Dairy in Lebanon Earns Top Award in Dean Foods...
06/03/201518:09:23Statement of Changes in Beneficial Ownership (4)
06/03/201518:05:44Statement of Changes in Beneficial Ownership (4)
06/01/201523:31:00Dean Foods To Participate At Morgan Stanley Leveraged Finance...
05/28/201521:27:00Dean Foods to Participate at Stephens Spring Conference
05/19/201516:18:52Current Report Filing (8-k)
05/15/201516:15:00Model Dairy Logistics in Reno Earns Top Award in Dean Foods National...
05/15/201509:00:00Dean Foods To Webcast Presentation At The BMO Capital Markets...
05/14/201516:26:00Dean Foods Company Announces Revised Record Date for Regular...
05/13/201520:28:00Dean Foods Declares Quarterly Dividend
05/11/201517:04:52MARKET SNAPSHOT: U.S. Stocks Close Lower In A Thinly-traded Session
05/11/201516:39:02Quarterly Report (10-q)
05/11/201514:59:27MARKET SNAPSHOT: U.S. Stocks Slumping After Friday's Rally
05/11/201513:32:07Correction to Southern Co. Article on April 29

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