DigitalMusicNews
SESAC Music Group has closed its fourth and largest whole business securitization to date, issuing $889 million in five-year senior notes. The deal raises SESAC Music Group’s outstanding senior notes to a total of approximately $1.1 billion. This bond issuance is notable as it is the largest 144A-rated whole business securitization ever completed in the [……
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SESAC Music Group Closes $889 Million Whole Business Securitization
SESAC Music Group has closed its fourth and largest whole business securitization to date, issuing $889 million in five-year senior notes. The deal raises SESAC Music Group’s outstanding senior notes to a total of approximately $1.1 billion. This bond issuance is notable as it is the largest 144A-rated whole business securitization ever completed in the