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Short-term loans due end of August could strain Dodgers’ owner

The loans, totaling billions and scheduled to mature by late August, risk creating a funding squeeze for Mark Walter’s ownership group, according to the WSJ Markets.

Reported · Written up by our desk · Industry & Deals

Billions in short-term loans that Mark Walter’s ownership group extended to affiliates are scheduled to mature by the end of August, a timing risk that could tighten available funding, WSJ Markets reports.

The outlet says the repayment window could ratchet a funding squeeze for the Dodgers’ owner as the due dates approach.

The concern centers on how the coming maturities would be financed, given that the loans were structured as short-term obligations rather than longer-dated funding, according to the report.

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