Dean Foods Company , a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy, and diary case products, such as fluid milk, ice creams, cultured dairy products, creamers, ice cream mixes, and other dairy products; and juices, teas, bottled water, and other products. It sells its products under approximately 50 national, regional, and local proprietary or licensed brands, and private labels, including DairyPure, TruMoo, Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, Tuscan, and others. The company sells its products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities through its sales forces. Dean Foods Company was founded in 1925 and is headquartered in Dallas, Texas.

  • Bankruptcies hit the retail sector hard in 2019, but there were still bright spots
    on December 31, 2019 at 1:07 pm

    While the overall economy saw gains in 2019, retail chains unable to compete with online competitors were forced to close hundreds of stores amid bankruptcy filings this year.

  • Dean Foods Receives Final Court Approval for $850 Million in Debtor-In-Possession Financing
    on December 20, 2019 at 5:12 pm

    Dean Foods Company (NYSE: DF) ("Dean Foods" or the "Company") today announced that the U.S. Bankruptcy Court for the Southern District of Texas has entered a final order granting the Company authority to access the full amount of its $850 million in debtor-in-possession ("DIP") financing. The Company had previously received interim approval from the Court to access up to $475 million of the DIP financing. The Court also granted all other relief sought, including providing final approvals for certain other of the Company’s "First Day Motions" intended to support the business.

  • Friendly’s sudden closures prompt Sen. Schumer's call for tougher warning laws
    on November 25, 2019 at 9:02 pm

    Prompted by Friendly’s abrupt April 2019 shutdown of 23 restaurants in five states at the cost of hundreds of jobs, U.S. Sen. Chuck Schumer proposed tightening federal laws requiring that workers get fair warnings of layoffs.

  • Dairy Farmers of America, Inc. -- Moody's affirms DFA's ratings; outlook changed to negative from stable following announcement of Dean Food's bankruptcy
    on November 14, 2019 at 10:24 pm

    Moody's Investors Service ("Moody's") affirmed all ratings for Dairy Farmers of America, Inc. ("DFA") and changed its rating outlook to negative from stable. Moody's cited the Chapter 11 bankruptcy filing of Dean Foods Company ("Dean", Ca negative) as a credit negative to DFA's business as it will cause near term uncertainty and disruption to DFA's fluid milk sales. Dean is an important customer to DFA as it provides a material outlet for approximately 20 percent of DFA members' milk.

  • Dean Foods Company Receives Court Approval of "First Day" Motions to Support Normal Business Operations
    on November 14, 2019 at 6:30 pm

    The Court granted Dean Foods interim approval to access up to $475 million of the $850 million in committed debtor-in-possession ("DIP") financing from certain of its existing lenders, which along with cash on hand and operating cash flows is expected to be sufficient to support the Company's continued operations during this process. Among other things, the Court has authorized the Company to continue paying employee wages and benefits without interruption and making payments to suppliers and vendors in full under normal terms for goods and services provided on or after November 12, 2019.

  • Dean Foods taps Norton Rose Fulbright and Davis Polk for bankruptcy counsel
    on November 13, 2019 at 1:27 pm

    Dean Foods Co. General Counsel Kristy Waterman and Chief Financial Officer Gary Rahlfs officially filed documents Tuesday seeking to voluntarily restructure the Dallas-based food and beverage company under Chapter 11 of the U.

  • PRESS DIGEST - Wall Street Journal - Nov 13
    on November 13, 2019 at 6:18 am
  • Kinsale Capital Group Set to Join S&P SmallCap 600
    on November 12, 2019 at 11:19 pm

    NEW YORK , Nov. 12, 2019 /PRNewswire/ -- Kinsale Capital Group, Inc. (NASD: KNSL) will replace Dean Foods Company (NYSE: DF) in the S&P SmallCap 600 effective prior to the open of trading on Monday, November ...

  • Dean Foods Files for Bankruptcy: What to Know
    on November 12, 2019 at 10:27 pm

    Dairy giant Dean Foods (DF) announced that it filed for Chapter 11 bankruptcy protection and a deal to sell almost all of its assets.

  • Dean Foods Company -- Moody's downgrades Dean Foods PDR to D-PD on Chapter 11 filing
    on November 12, 2019 at 10:02 pm

    Moody's Investors Service ("Moody's") downgraded Dean Foods Company's ("Dean") Probability of Default Rating (PDR) to D-PD from Caa2-PD following the company's Chapter 11 filing on 12 November, 2019. Dean's Corporate Family Rating (CFR) was downgraded to Ca from Caa2 and the senior unsecured notes were downgraded to Ca from Caa3.

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Dean Foods Company

2711 North Haskell Avenue
Suite 3400
Dallas, TX 75204

+1 (214) 303-3400

January 2020
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