EDM promoter SFX has hired investment bank Moelis & Co to look at ways of cutting the company's debt.  

While sources familiar with the matter told Reuters that no decision about a particular course of action has been taken, a spokesman for SFX CEO Robert F.X. Sillerman confirmed the bank will be looking into "sales of non-strategic assets as well as examining the capital structure of the company".

"It is correct that the company hired Moelis to examine broadly its position,” added ...