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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)
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
05/11/201511:14:34MARKET SNAPSHOT: U.S. Stocks Dipping After Friday's Rally
05/11/201510:25:17MARKET SNAPSHOT: U.S. Stocks Struggle To Take Flight After Friday's...
05/11/201508:51:35MARKET SNAPSHOT: U.S. Stocks: Wall Street May Struggle As Investors...
05/11/201508:25:02Current Report Filing (8-k)
05/11/201508:00:00Dean Foods Announces First Quarter 2015 Results
05/11/201507:56:58MARKET SNAPSHOT: U.S. Stocks: Wall Street May Struggle As Investors...
05/11/201507:09:38MARKET SNAPSHOT: U.S. Stocks: Wall Street May Struggle As Investors...
05/11/201506:13:04MARKET SNAPSHOT: U.S. Stocks: Futures Dip As Markets Struggle...
05/08/201516:15:00Mayfield Dairy Earns Top Award in Dean Foods National Quality...
05/04/201507:03:00New DairyPure® Milk Delivers Fresh, Quality Milk From Farm To...

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