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Dean Foods amends loan, changing maximum leverage covenant
By Sara Rosenberg
New York, Nov. 28 - Dean Foods Co. amended its senior credit facility, changing the maximum leverage covenant to 4.35 to 1.00 through March 31, 2007 and then 4.00 to 1.00 thereafter, according to an 8-K filed with the Securities and Exchange Commission Monday.
The amendment was completed on Nov. 18.
Wachovia is the administrative agent on the deal.
Dean Foods is a Dallas-based processor and distributor of milk and other dairy products.
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