Blackstone and GIC execute rare Asian dividend recap

Private equity and sovereign wealth groups take advantage of strong bond markets to raise funds to pay themselves a special dividend in Indian outsourcing company.
June 15, 2017

Blackstone and Government of Singapore Investment Corp (GIC) broke new ground for Asia's private equity industry on Tuesday after using the bond markets to raise funds for a dividend recapitalisation in Indian outsourcing company MphasiS. 

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