MusicBird AG, a Swiss-based music rights investment firm, has signed a term loan facility with a capacity up to $100 million with Mitsubishi UFJ Financial Group (MUFG). With publishing rights from hitmaker J.R. Rotem (Rihanna, Jason Derulo, Fall Out Boy) and master income and publishing rights from Shaggy already part of their acquired catalog, the firm is hoping to invest even further in music.
Source: MusicBird Secures $100 Million Term Loan Facility to Buy More Music Rights