JP Morgan

Report: Investors Back $495M Refinancing Plan for EMI

Authored by Mark Hefflinger on July 30, 2009 - 8:14am.

London - Major record label EMI is set to receive $495 million in equity, through a deal worked out by parent company Terra Firma and its investors as a means of refinancing EMI's $4.3 billion debt, the Financial Times reported. Terra Firma, which acquired EMI for about $4.7 billion in 2007, is said to be working with Barclays, JP Morgan and Morgan Stanley on a plan to raise equity to repay Citigroup -- which helped finance Terra Firma's acquisition.

Peer39 Lands $10.5 Million for Semantic Ad Platform

Authored by Mark Hefflinger on May 27, 2009 - 8:20am.

New York - Peer39, a developer of semantic online advertising technology, has raised $10.5 million in third round funding, TechCrunch reported.

Music Publisher Bug Music Secures $200 Million

Authored by Mark Hefflinger on September 17, 2008 - 6:55am.

Los Angeles - Independent music publisher Bug Music announced on Wednesday that it has secured a new $200 million credit facility, led by JP Morgan.