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EquityEquity - Follow-ons and Rights issues

Hipgnosis Songs Fund buys Bon Jovi rights ahead of fresh capital raise


Hipgnosis Songs Fund, the London-listed investment fund focused on song royalties, has acquired the music catalogue of Richie Sambora, the lead guitarist of Bon Jovi and co-writer of the US band’s hits, for an undisclosed price. It is an example of the acquisitions the fund continues to make as it mulls a fresh equity capital raise.

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