UNIVERSAL M. 23/31 MTNUNIVERSAL M. 23/31 MTNUNIVERSAL M. 23/31 MTN

UNIVERSAL M. 23/31 MTN

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Key terms


Outstanding amount
‪750.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
4.00% (Fixed)
Coupon frequency
Annual
Yield to maturity
3.35%
Maturity date
Jun 13, 2031
Term to maturity
6 years

About UNIVERSAL M. 23/31 MTN


Sector
Commercial Services
Industry
Miscellaneous Commercial Services
Issue date
Jun 13, 2023
ISIN
XS2631848665
Universal Music Group NV engages in the music entertainment business. The firm identifies and develops artists, and produces and distributes music. It operates through the following segments: Recorded Music, Music Publishing, Merchandising and Other, and Corporate Centre. The Recorded Music offers intellectual property licenses granted by UMG to distributors or digital platforms. The Music Publishing segment relates to the use by a third party of the copyrights on musical works owned or administered by UMG. The Merchandising and Other segment represents the merchandising rights of artists and entertainment brands and properties. Its labels and brands include Abbery Road Studios, Bravado, Capitol Music Group, Decca Records, EMI, Island, and Motown. The company was founded in 1924 and is headquartered in Hilversum, The Netherlands.
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