BC Partners reportedly plans up to $10 million loan for LIV Golf’s US bankruptcy
The Financial Times reports that Saudi Arabia’s wealth fund is pressing BC Partners to prove its commitment to rescuing the golf tour.
TLDR
BC Partners has struck a preliminary deal to save LIV Golf and is set to commit up to $10 million to help fund the league’s US bankruptcy, the Financial Times reports. The planned loan is intended to ease concerns about whether the private equity firm is serious about relaunching the tour.
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