4 days ago
CVC Plans Refinancing of £9 Billion Sports Portfolio, Sky Says
CVC Capital Partners Plc has kicked off a refinancing of its sports assets portfolio, valued at more than £9 billion ($12 billion), Sky News reported on Saturday.
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.