LIV Golf in line to get initial investment as it tries to emerge from bankruptcy
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What happened
BC Partners Credit on Monday announced an initial investment in LIV Golf, part of a targeted $300 million in cumulative financing to help the beleaguered circuit emerge from Chapter 11 bankruptcy with a team-focused golf league with players as equity owners.The announcement comes two days before the first of several hearings related to the bankruptcy filing from Sept.
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