Also this week: Sony Music Publishing UK names a general counsel, Rostrum appoints an A&R head and more.
At an investor presentation in London, founder Merck Mercuriadis said the company’s current share price “fundamentally undervalues the company.”
The company’s shares have lost 34% of their value so far this year and are trading well below company's operative net asset value.
Hipgnosis will use the new credit line to refinance existing debt and lower its interest margin.