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Blackstone is selling $372 million in bonds backed by royalties from the catalog of Recognition Music (formerly Hipgnosis), with over 47,000 tracks. Backed by Blackstone, Recognition Music Group—the former Hipgnosis—is selling $372 million in bonds tied to royalties from the music of artists like Shakira, Journey…
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ABS Madness Continues: Blackstone Spins a $372 Million ABS on Recognition (Formerly Hipgnosis) Catalog of 47,000 Tracks
Blackstone is selling $372 million in bonds backed by royalties from the catalog of Recognition Music (formerly Hipgnosis), with over 47,000 tracks. Backed by Blackstone, Recognition Music Group—the former Hipgnosis—is selling $372 million in bonds tied to royalties from the music of artists like Shakira, Journey…