UPDATE 1-Divisive ‘dividend recap’ deals return in red hot debt market
21 Jan UPDATE 1-Divisive ‘dividend recap’ deals return in red hot debt market
Posted at 17:21h
in
News
by KMFSLLP
Two buyout firms are raising debt
this week at companies they own to pay themselves dividends,
using a deal structure criticised by some investors as putting
short-term rewards ahead of long-term business interests.
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