Zuffa launches $100 million senior secured term loan via Deutsche Bank

By Sara Rosenberg

New York, Oct. 1 - Zuffa LLC held a bank meeting on Thursday to launch a $100 million senior secured incremental term loan (BB-), according to a market source.

Deutsche Bank is the lead bank on the deal.

Price talk is not yet available on the loan, the source said.

Proceeds will be used to repay revolving credit facility borrowings and to fund a dividend.

Zuffa is the Las Vegas-based company that owns the Ultimate Fighting Championship brand.

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