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Deal · Funding11 September 2026 · Announced

LIV Golf files for Chapter 11 after Saudi Arabia's PIF decided to end its funding

The PIF is lending $49.6 million to keep the league running, under 10% of liabilities estimated at $500 million to $1 billion.

LIV Golf Issuer · BC Partners Credit Lead investor

Intelligence

The deal

Type
Funding
Amount
$300M
Structure
$127.5M loan + $147.5M senior preferred equity + $25M subordinated convertible preferred stock
Status
Announced
Round
restructuring deal
Valuation
Not recorded
Region
United States
Date
11 September 2026

As of this development: a later development may record new terms.

Lifecycle

  1. Announced8 September 2026 · This development
  2. Announced5 October 2026 · LIV Golf secures first BC Partners funding during bankruptcy
  3. ClosedNot recorded

Same day, same parties

LIV Golf secures $49.6 million in debt financing

Deal · DebtAlso names LIV Golf, PIF

The parties

LIV Golf Issuer

3 developments · 2 deals in Minutes

BC Partners Credit Lead investor

2 developments · 1 deal in Minutes

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