LBC Small Cap provided senior secured credit facilities and an equity co-investment to support Susquehanna Private Capital’s (“SPC”) investment in Soccer Shots (the “Company”). LBC Small Cap served as Agent and Sole Lead Arranger for the senior...
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January 27, 2022, 07:16 AM
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The Atlanta Hawks announced that it has agreed to refinance the construction loan for the Emory Sports Medicine Complex with a syndicate of Black-owned banks. The $35 million loan marks the first time a professional sports franchise has had a...
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December 11, 2020, 08:44 AM
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After an unprecedented pause due to the coronavirus pandemic, the sports world has changed but is back to delivering content, according to Fitch Ratings. Liquidity options have supported resumption of play and enabled leagues to conduct games in...
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October 23, 2020, 08:20 AM
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Liberty Media Corporation announced amendments to the debt agreements of certain subsidiaries of Braves Holdings, LLC (“Braves Holdings”).The debt agreements governing $297 million of debt at Braves Stadium Company, LLC (collectively the “Ballpark...
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August 25, 2020, 08:13 AM
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Recently, a turnaround consultant brought Gibraltar together with their client, an industry-leading retailer/e-tailer of new and preowned golf equipment, shoes, apparel and accessories. The company had been in business selling sports equipment to...
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November 26, 2019, 08:55 AM
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Bruin Sports Capital (Bruin), a privately held global investing, operating and holding company, announced a wide-ranging, long-term strategic partnership with renowned private equity firms CVC Capital Partners (CVC) and The Jordan Company (TJC), to...
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November 05, 2019, 08:45 AM
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Crystal Financial LLC and Second Avenue Capital Partners LLC (SACP) announced the closing of a $40,000,000 Senior Credit Facility for JackRabbit, a leading omni-channel retailer of athletic footwear, apparel, and accessories owned by affiliates of...
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October 29, 2019, 08:55 AM
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Ares Commercial Finance announced that it has provided a $32 million senior secured revolving line of credit to Confluence Outdoor, LLC. The proceeds of the transaction will be used to refinance the company’s existing debt and to provide ongoing...
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BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23...
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February 06, 2019, 07:13 AM
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Legendary racetrack operator Churchill Downs Incorporated has signed a definitive purchase agreement pursuant to which CDI will acquire certain of the ownership interests of Midwest Gaming Holdings, LLC, the parent company of Rivers Casino Des...
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November 02, 2018, 08:04 AM
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The Ottawa Senators entered into a $30 million five-year revolving credit facility with BMO Bank of Montreal's Corporate Finance Division, on October 19, 2018. The revolving credit facility provides short-term credit to the Senators as well as credit...
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October 31, 2018, 08:00 AM
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Mason Wells announced that it has closed the acquisition of EastPoint Sports Ltd., LLC. EastPoint, a supplier of indoor and outdoor recreational sporting goods, was founded in 2009 by Mike Nally, a long-time industry veteran. The Company will be...
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September 17, 2018, 07:05 AM
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The San Antonio Spurs and Frost Bank announced an expanded multi-year marketing partnership that will make the banking, investments, and insurance company the first-ever jersey sponsor of the Silver and Black. The deal will also include a...
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August 23, 2018, 08:00 AM
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Remington Outdoor Company announced that it has emerged from Chapter 11 after successfully implementing its plan of reorganization previously confirmed by the Delaware bankruptcy court on May 4, 2018.
The Plan provides a comprehensive balance sheet...
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PNC Bank announced that it has closed a $225 million senior secured asset-based revolving credit facility for TaylorMade Golf Company, Inc., a portfolio company of New York-based KPS Capital Partners....
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January 05, 2018, 07:14 AM
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Performance Sports Group Ltd., a developer and manufacturer of high performance sports equipment and apparel, announced it will seek the approval of the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of...
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January 27, 2017, 06:00 AM
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On September 30, 2016, the New York Knicks, LLC (the “Knicks”), a wholly owned subsidiary of The Madison Square Garden Company (the “Company”), entered into a senior secured revolving credit agreement (the “Credit Agreement”) among the Knicks, each...
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October 10, 2016, 07:25 AM
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International Speedway Corporation has amended and extended its $300 million revolving credit facility provided by multiple lenders. The amendment extends the final maturity of the facility from November 2017 to September 2021. The Facility can...
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September 29, 2016, 07:36 AM
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