Endeavor secures $260 million loan amid COVID-19 crisis

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Wild

TMMAC's Most Handsome Admin
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Dec 31, 2014
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Beyond the cost-cutting measures implemented since the start of the coronavirus pandemic, UFC parent company Endeavor has secured a $260 million loan to help sustain its faltering business.

According to reports from the Wall Street Journal, the term loan will supplement an existing $2.8 billion term loan and carry an interest rate of just under 11%.

Endeavor — a company that includes subsidiaries such talent agency WME IMG, On Location Experiences, Miss Universe Pageant, Professional Bull Riders, and the Ultimate Fighting Championship (UFC) — is saddled with a 4.6 billion debt burden owed to Silver Lake…


Endeavor secures $260 million loan amid COVID-19 crisis
 

Dr. Prosper Meniere

Do you want to bet against me?
Dec 1, 2015
5,448
9,474
And they'll squeeze it out of UFC fighters for the next decade. Using ufc fighters future earnings to pay for the company.
'I fight for my family'

No, you fight so that a Hollywood talent agent can snort coke off a rent boy's ass every night and still pay off the debt he acrued purchasing a bullfighting organization.

Endeavor serves as nothing more than a parasite on the UFC.
 

jimmy boogaloo

General Links/Your Account
Nov 15, 2017
2,626
2,969
love it. another fuck-off massive loan LMAO

bet there is a crew of people asset stripping while they prepare to crash land the company and GTFO
 

jimmy boogaloo

General Links/Your Account
Nov 15, 2017
2,626
2,969
who gave them that money thinking they'd get it back. something fucken weird going on here