Hipgnosis completes $1.47 billion asset-backed securities deal

Hipgnosis has completed its $1.47 billion master trust music rights asset-backed securities (ABS) deal.  Lyra Music Assets (Lyra 24-2) represents Hipgnosis Song Assets' second music royalty securitisation, after a $222 million issuance in 2022.  The latest ABS deal is backed by royalties from the $2.36 billion music rights portfolio acquired ...

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