The move signals Reservoir’s ambition to fuel further growth through acquisitions while reducing its debt. The company said it seeks to expand its music publishing and recorded music catalogs by acquiring businesses and assets that complement its existing operations. In February, Reservoir revealed that it had spent$938 million on acquisitions since its inception in 2007 to December 31, 2023.
Source: Reservoir Media plans $100M offering to fund acquisitions, debt repayment