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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)
08/17/201517:07:09Statement of Changes in Beneficial Ownership (4)
08/17/201517:05:51Statement of Changes in Beneficial Ownership (4)
08/14/201517:18:30Current Report Filing (8-k)
08/12/201520:17:00Dean Foods Declares Quarterly Dividend
08/12/201519:17:00Dean Foods Names Jim L. Turner Chairman Of The Board
08/10/201513:53:13Quarterly Report (10-q)
08/10/201509:40:16Dean Foods Reports Profit Despite Drop In Revenue
08/10/201509:22:58U.S. Hot Stocks: Hot Stocks to Watch
08/10/201508:11:12Current Report Filing (8-k)
08/10/201508:00:00Dean Foods Announces Second Quarter 2015 Results
08/09/201521:50:07Dean Foods' Chairman Resigns
08/07/201517:22:07Current Report Filing (8-k)
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)

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