Sports and entertainment group Endeavor has secured a $260m loan to help it through the Covid-19 downturn, the Wall Street Journal reports. The loan supplements an existing $2.8bn loan, and has an interest rate of just under 11 per cent. JPMorgan Chase & Co and Oaktree Capital Group are among the financial institutions involved in arranging it. The Journal said Endeavor's revenue has fallen 70 per cent due to the pandemic. A report in Variety carried additional details.
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