LIV Golf Gets Potential Lifeline From BC Partners Credit
AI Summary
LIV Golf, a tour backed by Saudi Arabia’s sovereign wealth fund, has received a financing commitment of up to $300 million from BC Partners’ credit arm. The funding could help the bankrupt tour launch a 2027 season.
Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." LIV Golf, a bankrupt golf tour backed by Saudi Arabia’s sovereign wealth fund, is receiving a financing commitment of as much as $300 million from the credit arm of BC Partners, potentially obtaining the funding needed to launch a 2027 season. (Source: Bloomberg)