Hipgnosis Songs Fund secures new $700m debt package

Hipgnosis Songs Fund (HSF) has secured a new $700 million revolving credit facility to refinance its existing $600 million in debt. The new borrowing package, confirmed today (October 3) will run for five years until September 30, 2027 and will be used to fully refinance the company’s debts and beef up its working capital.

Source: Hipgnosis Songs Fund secures new $700m debt package, ‘materially’ reducing interest burden on its borrowing

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