September 18, 2009, 2009 (FinancialWire) — Del Monte Foods Co. (NYSE: DLM) said that its Del Monte Corp. subsidiary has priced a private placement offering of $450 million of senior subordinated notes. The notes will mature on October 15, 2019 with interest payable semi-annually at the rate of 7.5% per year.

The notes will yield gross proceeds to Del Monte of around $442.2 million.

San Francisco-based Del Monte offers human and pet foods. The company’s brands include Del Monte, S&W, Contadina, College Inn, Meow Mix, Kibbles ‘n Bits, 9Lives, Milk-Bone, Pup-Peroni, Meaty Bone, Snausages and Pounce.

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