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‘It’s been a very strange year on LIV’: LIV Golf to get $300 million investment to help the circuit emerge from bankruptcy
The financing by funds advised on the BC Partners Credit platform requires bankruptcy court approval.
BC Partners Credit on Monday announced an initial investment in LIV Golf, part of a targeted $300 million in cumulative financing to help the beleaguered circuit emerge from Chapter 11 bankruptcy with a team-focused golf league with players as equity owners. The announcement comes two days before the first of several hearings related to the bankruptcy filing…
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