Hipgnosis secures another $200m to buy music copyrights

Yesterday (January 6), the board of Hipgnosis announced to investors that the firm had entered into a new agreement with a syndicated group of lenders, with JPMorgan Chase Bank as Lead Arranger. Those lenders have increased Hipgnosis’ Revolving Credit Facility from USD $400 million to $600 million.

Source: Hipgnosis secures another $200m to buy music copyrights

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