Dean Foods to pay $25 million to redeem all 9¾% senior notes due 2018

By Tali Rackner

Norfolk, Va., Nov. 14 – Dean Foods Co. called all $24 million of its 9¾% senior notes due 2018, according to a press release.

The notes will be redeemed on Dec. 15 for a total redemption price of about $25 million, which is equal to 104.875 plus accrued interest.

Dean Foods will finance the transaction with borrowings under its senior secured credit facility.

The Bank of New York Mellon Trust Co., NA is the trustee.

Dean Foods is a Dallas-based food and beverage company.

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