CVC to refinance US$12bil sports portfolio


Scotland's Rory Sutherland in action with Ireland's Andrew Porter at an instalment of the Six Nations Championship at Murrayfield Stadium, Edinburgh, Scotland, on February 9, 2025. REUTERS/Russell Cheyne

LUXEMBOURG: CVC Capital Partners PLC has kicked off a refinancing of its sports assets portfolio, valued at more than £9bil (US$12bil), Sky News reports.

The buyout firm hired Goldman Sachs Group Inc, PJT Partners Inc and the Raine Group LLC to advise on the deal, which would likely involve raising new debt, according to Sky, citing sources it didn’t name.

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CVC Capital , sports , debt , refinancing

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