Las Vegas-based mixed martial arts sporting event promoter and producer Zuffa LLC announced a proposed $100 million incremental term loan due 2015. We are assigning our ‘BB-‘ issue rating and ‘4’ recovery rating to this loan, and revising our recovery rating on Zuffa’s existing credit facilities to ‘4’ from ‘3’. We are affirming the ‘BB-‘ […]
Zuffa
UFC Lobbying for Criminal Code Changes at Federal Level in Canada
The Canadian Press have divulged an interesting piece of news today, relaying that the UFC has hired former Ontario premier David Peterson to help lobby the Canadian government to amend Section 83 of the Canadian Criminal Code to include mixed martial arts as an acceptable, legal form of prizefighting. The UFC has turned to some […]
Dethrone to Sponsor UFC Fighters
MMAPayout.com has learned that MMA apparel maker, Dethrone, has been removed from the UFC’s banned list, and will be sponsoring UFC fighters Mike Swick and Josh Koscheck at UFC 103 and Cain Velasquez at UFC 104. Dethrone is also set to sponsor Zuffa fighters such as Jon Fitch and Jose Aldo in the future. With all the hype surrounding UFC 100 it […]
Exploring a Possible UFC-WEC Merger
The talk of a potential merger between the UFC and the WEC has increased dramatically over the last few weeks, thus MMAPayout has decided to explore the idea and potential consequences of such a deal. Since Zuffa bought the WEC in 2007, the idea has been to run the company as a completely separate entity to the […]
CNBC’s “Fistful of Dollars” Recap
CNBC’s “Ultimate Fighting: Fistful of Dollars” premiered last night, taking viewers back inside the Octagon for a second look at the sport of mixed martial arts and the UFC, in particular. The show was clearly designed for general audiences; thus, it didn’t divulge much in the way of facts or statistics that we have yet to […]