Aramark Announces Secondary Common Stock Offering and Concurrent Company Share Repurchase from Selling Stockholders of 1.5 Million Shares

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Aramark Services's (ARMK) Common Stock Buyback is Credit-Negative Development - Moody's

August 18, 2015 5:20 PM EDT

Moody's Investors Service (Moody's) said that Aramark Services' (NYSE: ARMK) (Aramark, Ba3 stable) plan to repurchase about $50 million of its stock from certain former financial sponsors is a negative credit development as it will reduce cash and could slow the pace of debt repayment.

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Aramark Services (ARMK) Announces 22.5M Common Secondary Offering; Plans 1.5M Common Stock Buyback

August 17, 2015 4:53 PM EDT

Aramark Services (NYSE: ARMK) announced that certain of its stockholders, consisting of affiliates of GS Capital Partners, Thomas H. Lee Partners, L.P. and Warburg Pincus LLC (collectively, the "Selling Stockholders"), intend to offer for sale in an underwritten secondary offering (the "Offering")... More