Universal Music Group Issues Over $1 Billion In ‘Eurobond’ Notes

Universal Music Group (UMG) has officially issued €1 billion (currently $1.06 billion) worth of “Eurobond” notes. The Big Three record label, which listed shares on the Euronext Amsterdam last September, just recently unveiled the more than billion-dollar Eurobond offering. Half of the senior unsecured notes at hand carry a three percent interest rate (due 2027), […]
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