BC Partners Credit Makes Initial Investment in LIV Golf
BC Partners Credit has announced an initial investment in LIV Golf as part of a targeted $300 million cumulative financing plan to support the league's restructuring.
BC Partners Credit has announced an initial investment in LIV Golf, describing the commitment as the next step toward building a financially strong, team-focused golf league.
The investment is the first component of a targeted $300 million in cumulative financing intended to support LIV Golf as it works through its restructuring process.
The firm indicated the capital will help the league emerge from restructuring on a firmer financial footing, but it did not disclose the specific size of the initial investment or the timeline for the remaining financing.
The announcement also did not name any other participants in the funding plan.
Source: First Squawk