Concord has successfully closed an $850 million senior notes issuance, backed by royalties from a catalog containing over one million songs from renowned artists including the Beatles, Phil Collins, and Genesis.

The five-year securitization, structured and led by Apollo Global Securities, positions Concord's music IP portfolio at a valuation of approximately $5.1 billion. The company plans to use the capital for additional acquisitions, including their recent $217.3 million purchase of a substantial portion of Daddy Yankee's catalog.

Key developments include:

• Secured by royalties from over one million songs
• Structured by Apollo Global Securities with FTI Consulting as backup manager
• Company's music IP now valued at $5.1 billion
• Plans for expansion and future acquisitions
• New Beverly Hills office relocation planned for Q3 2025, spanning 32,241 square feet

Recent significant acquisitions by Concord include Mojo Music & Media and Round Hill, totaling $606.3 million in music IP assets. The company continues to position itself as a major force in the music industry, actively seeking strategic growth opportunities and catalog monetization.

Bob Valentine, Concord's head, described the securitization as "another significant milestone" that supports the company's continued growth while maintaining focus on artists and their creative work.

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