Heise reports here, that EMI wants to capitalize its library of music rights through a public offering.
“EMI is looking to place its library of music rights from EMI Music Publishing directly at the capital market. The securitization is supposed to bring in cash to reduce EMI’s dept.
The Royal Bank of Scotland and Deutsche Bank got contracts to organize and carry out the securitisation. EMI expects the placement to be completed by the end of the year.”
After David Bowie, this would be the 2nd placement of music rights in history.
Of course, sale-leaseback would be an alternative.