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Endeavor Gets A Lifeline


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Author: Pat Evans

Endeavor stakeholders can exhale, as the company secured a $260 million loan, according to the Wall Street Journal. Oaktree Capital Group agreed to purchase the largest piece of the loan, which was arranged by JPMorgan Chase, and carries an interest rate just under 11%. Endeavor’s revenue has dropped nearly 70% after the coronavirus pandemic halted film production, concerts and sporting events. The UFC – of which Endeavor owns 51% – held its first fight back from hiatus on Saturday, with […]

The post Endeavor Gets A Lifeline appeared first on Front Office Sports.


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Author: Pat Evans

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