Dole Plans Private $310M Debt Offering

Law360, New York (September 18, 2009, 3:30 PM EDT) -- Dole Food Co. Inc., the world's largest producer and marketer of fresh fruit and vegetables, has revealed plans to launch a private offering to eligible purchasers of $310 million in senior secured notes due 2016.

The Westlake Village, Calif.-based company said Friday that it intended to use the net proceeds from the offering to redeem 7.25 percent senior notes due next June.

The offering is subject to market and other conditions, Dole noted.

Dole's offered notes won't be registered under the Securities Act of 1933 and...
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