White Oak Merchant Partners, a FINRA-registered broker-dealer of White Oak Global Advisors, collaborated with television personality, producer and record executive Simon Cowell’s media production company, Psycho Entertainment, in a $125 million ABS transaction .
The deal marks the first time a non-scripted TV show has been securitized and provides a new avenue for media IP owners to monetize their assets and cash flow in the capital markets for reinvestment and strategic purposes. introduce. Syco will use the proceeds of the transaction to fund expansion.
Freddy Boom, partner and head of structured finance at White Oak Merchant Partners, said: “We look forward to building on the success of this transaction and continuing this momentum as we work with other media companies and IP owners in similar situations.”
Andre Hakkak, CEO of White Oak Merchant Partners, said: