LIV Golf bags BC Partners Credit funding to support restructuring

FILE PHOTO: Golf - LIV Golf Invitational - London - Centurion Golf Club, St Albans, Britain - July 5, 2023 General view of the 18th hole at the Centurion Golf Club Action Images via Reuters/Paul Childs/File Photo

Oct ⁠5 (Reuters) - BC ⁠Partners Credit on ‌Monday made an initial committed investment ​in LIV ⁠Golf and ⁠plans to provide ⁠up ‌to $300 million ⁠in cumulative financing to ​support ‌the golf ⁠circuit's ​restructuring and future growth.

The ⁠investment is intended ​to help LIV Golf emerge ⁠from its restructuring process, BC Partners Credit ​said.

(Reporting ⁠by Mrinmay ​Dey in ‌Mexico City; ​Editing by Subhranshu Sahu)