CVC Capital Partners is raising €2.75bn of long-dated debt secured against its Global Sports Group franchise, a rare move for a private equity firm. The investment-grade financing, arranged by Goldman Sachs, will have maturities of five, 10, and 25 years and is being marketed to institutional investors.

The platform, formed in 2025, consolidates CVC’s stakes in assets like Spain’s La Liga, Premiership Rugby, and women’s tennis. By tapping the debt markets, CVC secures cheaper, longer-term capital to support a scaled sports rights business, a strategy increasingly accepted by conservative credit investors.

This deal signals a growing trend of private equity firms using public debt markets to finance large sports portfolios. It also follows CVC’s prior indication of plans to sell a minority stake in GSG, potentially setting the stage for a future partial exit.