Car battery maker Clarios International Inc. launched a loan deal on Wednesday that will go toward paying a $4.5 billion dividend to its private equity owners — one of the largest such payouts on record.
Abhinav Ramnarayan is a Corporate Finance Reporter at Bloomberg. He focuses on the intersection of bond markets and real life, covering themes such as finance, trading, financial technology, and personal finance, with a keen interest in markets, private equity, and inflation. Abhinav's work has been featured in notable publications including Bloomberg Law, The Australian Financial Review, and Fortune.