{"id":17493,"date":"2019-10-12T20:58:16","date_gmt":"2019-10-12T20:58:16","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=17493"},"modified":"2022-06-09T12:16:33","modified_gmt":"2022-06-09T11:16:33","slug":"investors-want-to-invest-in-music-rights-companies-sesac-restructuring-oversubscribed-who-is-next","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/investors-want-to-invest-in-music-rights-companies-sesac-restructuring-oversubscribed-who-is-next\/","title":{"rendered":"Investors want to Invest in Music Rights Companies – SESAC Restructuring Oversubscribed (Who is Next?)"},"content":{"rendered":"\n

It seems like there is a very large appetite for music rights investment at the moment. SESAC has just completed a refinancing of its capital structure, which has seen it sell off $530 million in bonds and gaining commitments for $30 million in a revolving credit facility. <\/p>\n\n\n\n

Source have said that the deal was heavily oversubscribed to almost $1.5 billion. <\/p>\n\n\n\n

It shows that investors are now willing to invest within the music industry, which hasn’t been the case of well over a decade. <\/p>\n\n\n\n

It will be interesting to see if any other music rights companies make a move either onto the public markets or are acquired within the industry and what multiples they can achieve. <\/p>\n","protected":false},"excerpt":{"rendered":"

It seems like there is a very large appetite for music rights investment at the moment. SESAC has just completed a refinancing of its capital structure, which has seen it sell off $530 million in bonds and gaining commitments for $30 million in a revolving credit facility. Source have said that the deal was heavily oversubscribed to almost $1.5 billion. It shows that investors are now willing to invest within the music industry, which hasn’t been the case of well over a decade. It will be interesting to see if any other music rights companies make a move either onto…<\/p>\n","protected":false},"author":32,"featured_media":11831,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,11109],"tags":[8021,584,4112,11295,11296,3985,7337],"acf":[],"yoast_head":"\nInvestors want to Invest in Music Rights Companies - SESAC Restructuring Oversubscribed (Who is Next?) - RouteNote Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/investors-want-to-invest-in-music-rights-companies-sesac-restructuring-oversubscribed-who-is-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors want to Invest in Music Rights Companies - SESAC Restructuring Oversubscribed (Who is Next?) - RouteNote Blog\" \/>\n<meta property=\"og:description\" content=\"It seems like there is a very large appetite for music rights investment at the moment. SESAC has just completed a refinancing of its capital structure, which has seen it sell off $530 million in bonds and gaining commitments for $30 million in a revolving credit facility. Source have said that the deal was heavily oversubscribed to almost $1.5 billion. It shows that investors are now willing to invest within the music industry, which hasn’t been the case of well over a decade. 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