JOURNAL ARTICLE

Carlyle Nears Bond Sale Tied to Keith Urban, Katy Perry Music Rights.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Fishlow, Olivia; Scigliuzzo, Davide 3 of 3

Abstract

Carlyle Group Inc. is close to finalizing a $464 million bond sale backed by music rights from artists like Katy Perry and Keith Urban. The deal, oversubscribed three times, targets insurers seeking long-term private credit investments. This marks the first securitization of music royalties from Litmus Music, a venture Carlyle established in 2022. Private credit firms are increasingly turning to asset-based financing, with music royalty financing gaining popularity due to streaming platform success. Despite recent streaming growth slowdowns, some investors view music royalties as resilient to market volatility. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/04, pN.PAG
  • Document Type:Article
  • Subject Area:Music
  • Publication Date:2025
  • Accession Number:184786307
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