Universal Music Group NV is courting investors for a €1 billion ($1.15 billion) two‑part bond sale after rejecting Bill Ackman’s takeover bid. The Los Angeles‑based label, rated Baa1 by Moody’s and BBB+ by S&P, aims to refinance existing debt and support general corporate needs. The move follows a high‑profile battle for control that ended last week.

The bond offering will be split into two tranches, each with a 10‑year maturity, and will target a coupon rate that reflects the company’s solid credit standing. By tapping the bond market, Universal can avoid diluting equity while securing capital for future growth and potential acquisitions in a competitive music‑streaming landscape.

Investors will view the deal as a sign that Universal remains confident in its revenue streams despite market volatility. The €1 billion sale also positions the label to navigate upcoming regulatory changes in streaming royalties and to fund strategic initiatives without taking on additional equity risk. The bond issue concludes Universal’s recent defensive strategy against hostile takeover attempts.

This financing step comes as Universal’s catalog continues to generate steady streaming income, with major artists like Beyoncé and Taylor Swift driving top tiers of revenue. The company’s credit ratings suggest investors can expect a low default risk, making the bonds attractive for income‑seeking portfolios seeking exposure to the entertainment sector.