Wall Street, Aussie Banks Stuck With DAZN’s Foxtel Buyout Loan

Wall Street, Aussie Banks Stuck With DAZN’s Foxtel Buyout Loan

Some of Wall Street and Australia’s largest banks are stuck holding part of an A$1.8 billion ($1.2 billion) loan backing DAZN Group Ltd’s takeover of Rupert Murdoch’s Australian pay-television provider Foxtel Management Pty., according to people familiar with the matter.