Sports Illustrated Unit Seeks Private Debt for Tickets Deal (1)

Sports Illustrated’s secondary ticket marketplace is looking to drum up cash from direct lenders to fund a potential acquisition of Anytickets.com, another ticket seller, according to people familiar with the matter.

Sports Illustrated Tickets has approached lenders to provide between $30 million and $50 million of capital to fund the deal, said the people, who asked not to be identified discussing a private deal.

“While we don’t comment on speculation, we are continuously evaluating opportunities to further grow and enhance our business,” Sports Illustrated Tickets Chief Executive Officer David Lane said in an emailed statement. A representative for Anytickets did ...