Seeker Music Closes $267 Million ABS, Warner Records Nashville Announces Promotions

Music Industry Moves: Seeker Music Closes $267 Million ABS to Grow Catalog; Warner Records Nashville Promotes Five and Hires One

Seeker Music Group, the music rights, publishing and record company led by songwriter Evan Bogart has successfully closed its inaugural $267 million asset backed securitization, with backing from international savings and investment business M&G. Backed by Seeker Music’s portfolio, the notes were rated by Fitch, Kroll, and S&P. Barclays acted as sole structuring and lead […]

By Jem Aswad