from the WSJ, August 8, page C4, Sesac, Inc. offerring 300 million thru Goldman of 5 year bonds, expected yield 5 1/4%..."backed by the cut it recieves as middleman between music companies and songwriters and the outlets that broadcast their music." Sesac has exclusive rights to the public broadcast or performance of the music of Bob Dylan and Neil Diamond, among others. The bondholders will be the ones singing "Sweet Adeline" the loudest at Fenway Park in Boston...and probably other ball parks also. The article mentions a few other issues offerred this year backed by unusual types of collateral.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra