Secured lending/Securitisations
In recent years a number of artists have used their publishing and recording catalogues to raise substantial sums through securitisations and secured loans. A well-established catalogue of music generates a constant and reliable flow of royalties and financial institutions regard this income as attractive collateral. The artist can take advantage of this to access funds which might take many years to accrue through normal royalty cycles. We have acted on a number of these transactions and have extensive experience acting for both rights owners and lenders.
- Advising on the mechanics and potential pitfalls of raising finance in this manner
- Structuring and drafting the associated detailed documentation
- Conducting the due diligence during the valuation process.