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BC Partners
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- 1LIV Golf and BC Partners file restructuring agreement in bankruptcy case●LIV Golf, BC Partners file restructuring support agreement in bankruptcy case
LIV Golf and private equity firm BC Partners have filed a restructuring support agreement as part of an ongoing bankruptcy case. The filing lays out a proposed path for reorganizing the company's finances. Further details on creditor terms and a timeline for the process have not yet been made available, and reactions from those following the golf circuit are still limited.
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Private equity firm BC Partners has disclosed the initial size of its investment in LIV Golf, the Saudi-backed golf circuit. The disclosure offers a first look at how deeply the firm is exposed to the league as it seeks outside capital following its merger-era restructuring. The sum and terms were not detailed beyond the initial figure, and neither BC Partners nor LIV Golf has offered further comment.