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Two Related Loan Transactions to Owner of Professional Sports Teams

Represented a global financial institution in two related transactions, the first of which consisted of a $200 million revolving credit facility to a US-based company that owns multiple professional sports teams, including a major UK-based franchise, which was secured by the liquidating interests in the sale of a major sports arena, shares of common stock, and other items. The second facility totaled £280.7 million and was cross collateralized by the same collateral and subject to an Intercreditor Agreement with the first facility.