First LBO Loan of 2025 Emerges for Silver Lake’s Endeavor Deal

The first loan this year to fund a leveraged buyout arrived on Thursday, with JPMorgan Chase & Co. supporting Silver Lake Management’s purchase of Endeavor Group Holdings Inc., the talent agency and controlling investor in WWE and the Ultimate Fighting Championship.

JPMorgan is leading a group of underwriters for a $3 billion, seven-year term loan that is part of a broader financing package that was earlier reported to be $8.5 billion, according to a person familiar with the matter who was not authorized to speak publicly.

The bank is hosting a lender call on Thursday to discuss the ...