02:38 PM EDT, 04/28/2025 (MT Newswires) -- Carlyle Group ( CG ) is close to finalizing a $464 million sale of bonds backed by music rights for artists, Bloomberg reported Monday, citing a person with knowledge of the matter.
Over a dozen investors, including insurance firms and asset managers, will participate in the deal, the report noted.
The bonds mature in 40 years but are anticipated to be repaid in five years and are backed by a music portfolio exceeding $750 million in value, the report added.
Carlyle did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 38.84, Change: -0.19, Percent Change: -0.49