Fight Promoter UFC Sells Dividend Deal as Loan Demand Continues
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Mixed-martial arts promoter UFC Holdings LLC sold a $600 million leveraged loan on Wednesday to fund a distribution to its parent company, as 2021 continues to be the biggest year for dividend deals in four years, according to data compiled by Bloomberg.
UFC’s is the fourth loan sold in October to fund a distribution, bringing the year-to-date total to 94. That’s the most such deals since 2017 with 105.