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Universal Music Confirms Nearly $1.2 Billion Euronext Bond Offering, Scheduled June 16th Close

Entertainment – Music

Universal Music Group (UMG) has officially confirmed plans to sell €1 billion (currently $1.2 billion) worth of bonds. Meanwhile, the major’s share price is once again sagging – to the tune of a 36% falloff during the past year. UMG disclosed the offering today, pointing in part to a €500 million ($578 million) collection of […] Continue reading this story from the source →

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