Overview
“Afflelou, B&B Hotels, Carglass: dividend recap transactions, which consist of financing a dividend by borrowing, are coming thick and fast. Pending a resumption of divestments in the non-listed sector, these debt issues are close to their highest levels ever, buoyed by the recent fall in interest rates.”
Pierre-Arnoux Mayoly comments in L’Agéfi. Read the full article (via paywall) here.
