Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 200

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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 investing activities was $104.4 million in the six months ended June 30, 2025 compared to $44.4 million in the six months ended June 30, 2024. Net cash used by investing activities increased primarily due to the payment of $80.6 million for business acquisitions, net of cash acquired, in the six months ended June 30, 2025. This increase in net cash used was partially offset by proceeds of $23.4 million from the maturity of term deposits in the six months ended June 30, 2025, compared to no proceeds from investments in the six months ended June 30, 2024.  

Cash flows used for/provided by financing activities. Our net cash used by financing activities was $106.7 million in the six months ended June 30, 2025 compared to net cash provided by financing activities of $202.3 million in the six months ended June 30, 2024. This change was primarily due to (i) lower proceeds from borrowings (net of repayments and debt issuance and refinancing costs), amounting to $71.8 million in the six months ended June 30, 2025 compared to $366.8 million in the six months ended June 30, 2024, (ii) higher payments for the net settlement of stock-based awards, amounting to $30.9 million in the six months ended June 30, 2025 compared to $21.1 million in the six months ended June 30, 2024, and (iii) higher dividend payments of $59.4 million in the six months ended June 30, 2025 compared to $54.8 million in the six months ended June 30, 2024.

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Financing Arrangements

In December 2022, we entered into an amended and restated credit agreement (the "2022 Credit Agreement") with Genpact USA, Inc. (“Genpact USA”), Genpact Global Holdings (Bermuda) Limited (“GGH”) and Genpact Luxembourg S.à r.l. (“Genpact Luxembourg”, and together with Genpact USA and GGH, the “Borrowers”), as borrowers, Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, swingline lender and issuing bank, and the lenders and other parties thereto, which consists of a $530.0 million term loan and a $650.0 million