Privately owned performing rights organization SESAC has completed a major refinancing of its capital structure, reports Billboard, selling $530 million in bonds and obtaining a $30 million revolving credit line.
In the latest sign of strong investor interest in music rights, the SESAC offering was oversubscribed to the tune of $1.5 billion.
[from https://ift.tt/1n4oGj7]
No comments:
Post a Comment