‘Bowie Bonds’ bankroll major restaurant deals

‘Bowie Bonds’ bankroll major restaurant deals

Who knew David Bowie could influence the restaurant industry so greatly?

It was not his iconic music or sense of fashion that has inspired some of the largest companies in foodservice, however. It was his choice of financing.

Asset-backed “Bowie Bonds,” as the financial tools are known, first were structured in the late 1990s to allow the rock star to borrow against the value of his future music royalty revenues. Today, some of the industry’s largest debt recapitalizations are

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