We advised the agent, lead arrangers and lenders on the acquisition financing

Davis Polk advised the administrative agent, joint lead arrangers, joint bookrunners and initial lenders in connection with $4.5 billion of senior secured credit facilities provided to affiliates of Silver Lake Partners for its acquisition of Endeavor Group Holdings, Inc. The facilities consisted of a $1.25 billion term loan A facility, a $3 billion term loan B facility and a $250 million revolving credit facility. A separate Davis Polk team represented the lenders in connection with $3 billion of margin loan financing secured by capital stock of TKO Group Holdings, Inc. and units of TKO Operating Company, LLC, each an affiliate of Endeavor Group Holdings, Inc.

Endeavor Group Holdings is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing and direct-to-consumer offerings. It operates its business in four segments: owned sports properties; events, experiences and rights; sports; and representation.

Silver Lake Partners is a global technology investment firm with approximately $104 billion in combined assets under management.

The Davis Polk finance team included partners James A. Florack and Christopher Nairn-Kim and associates Jeffrey (Man To) Hon, Catrell D. Jewel, Reem Z. Ali and Scott Xiantao Wang. The Davis Polk margin loan team included partner Randall Derek Walters and associates Danielle Forni and Ji Hwan Kim. All members of the Davis Polk team are based in the New York office.

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