Sinomenium Stem bonds

Sinomenium Stem bonds (I tear Sinomenium Stem) are the bonds which David Bowie of the rock musician published in 1997 (exactly asset-backed security (ABS)).

I did the profit that the copyright of own musical piece (278 pieces, album 25 pieces) recorded before 1990 produced and the money which would make money live in the future to a security and published it.

I received long-term corporate credit rating of A3 from Moody's, and American insurance company Prudential financial が bought all bonds (a total of 55 million U.S. dollars) in a lump. By the dullness of the music industry, Moody's lowers rating afterwards in Baa3 in May, 2004.

The musician of James brown and others published a similar bond after this. These bonds adopt the name of David Pullman who dealt with Sinomenium Stem bonds, and they are called "Pullman bonds" (Pullman Bonds). I became the pioneer (or I symbolize it) of the new financing method of art & entertainment industry such as the securitization of intellectual property rights or the pop music or movie.

Allied item

• Movie fund
• Asset-backed security

Outside link

• Pullman group official site (English) (published by Sinomenium Stem bonds and Pullman bonds company)

It is acquired by "https://ja.wikipedia.org/w/index.php?title= Sinomenium Stem bonds &oldid=55844459"

This article is taken from the Japanese Wikipedia Sinomenium Stem bonds

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