Concord has successfully closed its latest asset-backed securities transaction to “fuel continued growth” at the independent music company.

According to a statement released on Tuesday (July 22), Concord is issuing $1.765 billion in bonds via a series of new five-year, seven-year, and ten-year senior notes.

The bonds are backed by Concord’s catalog of over 1.3 million music copyrights. Concord’s portfolio of music rights features songs and recordings of artists such as The Beatles, Beyonce, Bruno Mars, Carrie Underwood, Creedence Clearwater Revival, Daddy Yankee, Ed Sheeran, Genesis, Imagine Dragons, John Fogerty, Kiss, Michael Jackson, Otis Redding, Phil Collins, Pink Floyd, R.E.M., Rihanna, Rodgers & Hammerstein, Taylor Swift, and The Rolling Stones.