Judge Richard Boulware has filed his Order on Zuffa’s Motion to Dismiss Plaintiffs’ Amended Complaint in the antitrust lawsuit venued in Nevada. The hearing was on September 25, 2015. The order was finally entered on October 19, 2016. Talk about a backlog of work for a federal judge. But, from my understanding, this is typical […]
Zuffa
WSJ article notes UFC sale as example of questionable buyout-loan strategy
The Wall Street Journal reports on the UFC sale and how the structure of the deal is being seen as too liberal with adjustments to earnings which enables more borrowing for transactions. The Federal Reserve had warned Goldman Sachs (Deutsche Bank AG is also a lender) the entity that marketed the debt to investors, of […]
Show Money Episode 13 talks the PFA and its potential to unionize UFC fighters
Moody’s details UFC Holdings, LLC acquisition
In a press release sent out last week, Standard & Poor’s Global assigned a rating for the debt involved in the acquisition of the UFC by a group led by WME-IMG. Moody’s Investor Service has sent out its own press release with more details related to the leveraged debt in the acquisition. Per the July […]
UFC Holdings, LLC issues credit facility, given ‘B’ rating, outlook ‘negative’ per S&P Global
Per a Standard & Poor’s Global press release Friday UFC Holdings, LLC will issue a $1.45 billion first lien credit facility. The company was assigned a ‘B’ rating on the WME-IMG acquisition. The outlook is projected as negative per the Standard & Poor’s Global Ratings report. The financing for the deal to acquire the UFC […]