Hipgnosis cuts 100bp from margin with new $700m RCF
![London, UK. 11th July 2018. Nile Rodgers and business manager Merck Mercuriadis attended the London Stock Exchange today to float their company Hipgnosis Songs. Rodgers is an Advisory Board Member and Mercuriadis is the CEO and Founder. Credit: Anna Watso](https://assets.euromoneydigital.com/dims4/default/0bfbdbe/2147483647/strip/true/crop/5616x3744+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F16%2Fb9%2Fbe5bc7134084bcc8669cde0d7173%2Fp8ct9g.jpg)
Songs fund switches facility to fully dollar-based
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