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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; [email protected];

Stock News for Dean (DF)
01/20/201710:40:00Dean Foods Company Announces Upcoming Webcast of Fourth Quarter...
01/12/201711:30:40Amended Statement of Ownership (sc 13g/a)
01/10/201718:30:33Initial Statement of Beneficial Ownership (3)
01/10/201718:19:08Initial Statement of Beneficial Ownership (3)
01/06/201717:06:22Current Report Filing (8-k)
01/04/201718:54:40Statement of Changes in Beneficial Ownership (4)
01/04/201718:51:56Statement of Changes in Beneficial Ownership (4)
01/04/201718:49:39Statement of Changes in Beneficial Ownership (4)
12/02/201617:44:18Statement of Changes in Beneficial Ownership (4)
11/22/201617:04:33Statement of Changes in Beneficial Ownership (4)
11/22/201617:01:31Statement of Changes in Beneficial Ownership (4)
11/15/201618:32:37Statement of Changes in Beneficial Ownership (4)
11/15/201618:30:13Statement of Changes in Beneficial Ownership (4)
11/15/201618:24:44Statement of Changes in Beneficial Ownership (4)
11/15/201618:21:12Statement of Changes in Beneficial Ownership (4)
11/15/201618:18:12Statement of Changes in Beneficial Ownership (4)
11/15/201616:05:00Dean Foods and CROPP Cooperative Form Joint Venture to Grow the...
11/10/201616:45:00Dean Foods® Named 2016 Dairy Category Captain By 'Progressive...
11/08/201620:36:00Dean Foods Declares Quarterly Dividend
11/07/201616:37:03Quarterly Report (10-q)

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