A Dividend Recap Bristling with Moxie

Sargent, Carolyn
February 2005
Investment Dealers' Digest;2/14/2005, Vol. 71 Issue 6, p10
Trade Publication
Reports on private equity firms' pull out of their investments in Intelsat Ltd., the global satellite communications company, under a dividend recap. Implications of the recap deal on the high-yield market; Total amount raised by special-purpose holding company, Zeus Holdings Ltd. to buy back preferred shares of stock from Intelsat's investors.


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