Entertainment heavyweight Endeavor Group has secured a $260 million term loan to help shore up its business, people familiar with the matter said
Endeavor Group Holdings Inc. has secured a $260 million term loan to help shore up the entertainment company’s business, which has been hammered by the coronavirus pandemic, according to people familiar with the matter.
The borrowing, which will supplement an existing $2.8 billion term loan, will carry an interest rate of just under 11%. JPMorgan Chase & Co. is acting as the lead arranger on the new loan, and credit investor Oaktree Capital Group LLC has agreed to purchase the largest piece, the people said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Glover Finds Out He's Not Part of 'Community' Group ChatThe cast's table read will drop on Sony Pictures Television Community YouTube page on Monday, May 18 at 2 p.m. PT.
Read more »
Opinion | Doctor bias in the delivery room hurts one group of women the mostOpinion | Esther Choo: The elephant in the delivery room: How doctor bias hurts black and brown mothers - NBCNewsTHINK
Read more »
Why Are Australians Chanting “Arrest Bill Gates” At Protests? This Wild Facebook Group Has The Answers.A Facebook group started by a former family cooking show contestant was the driving force behind the dramatic anti-lockdown protests on the weekend.
Read more »
'What about COVID-20?' U.S. cuts funding to group studying bat coronaviruses in China'What about COVID-20? What about COVID-21? Who is going to go out and find those? Our grant was specifically designed to locate where these viruses are and to stop them from harming Americans,' said Peter Daszak, director of EcoHealth Alliance.
Read more »
“Trump Is Really Aiming to Take Down Fox”: A Group Associated With Donald Trump Jr. Is Buying a Major Stake in OANNTrump's frustration with Fox News has motivated him to look for a more reliable media partner—and thanks to a new deal involving Donald Trump Jr. and OANN, he's now on the verge of the alternative he wants
Read more »