UPDATE 1-Divisive ‘dividend recap’ deals return in red hot debt market
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.
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.
Posted by Reuters
