Terra Firma bails out EMI again

Fri May 29 2009, 16:58 PM

Private equity firm Terra Firma pumped an extra USD45m into EMI in March to ensure that the music label met debt covenants on a multibillion-dollar loan from Citigroup. The cash-injection followed an earlier USD26.7m bailout in September.

Upgrade Required

To access this content and our full archive of articles on 30,000+ companies, you are required to be a StrategyEye subscriber.

We offer a range of subscription options. Complete the form to request one of our packages.

Product information >>
Already a subscriber? Login >>

Upgrade or Request a Trial