ARAMARK-able Dividend for PE Investors

It's been awhile since I've posted anything on the payout parade. Well, today's is a good one. ARAMARK, which provides food services to stadiums and arenas, is issuing $600 million in notes via a private placement. ARAMARK plans to use proceeds from the offering, along with proceeds it receives from borrowings under a revolving credit facility, to pay a dividend to ARAMARK stockholders.

4 April 2011•1 min read
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