Prince’s band 3rd Eye Girl has confirmed the artist finished a new album for 2015, the BBC has reported.

Prince’s 38th studio record, it will be called The Hit & Run Album, a reference to his “pop-up” concert tours, where gigs are announced on the day.

The band – Donna Grantis, Ida Nielsen and Hannah Ford Welton – added that the album would be out “soon”.

The new album was written with Hannah Ford Welton’s husband, Joshua Welton, who co-produced Prince’s 2014 release Art Official Age.

The Hit & Run Album will feature a version of 1,000 Hugs and Kisses – a previously unreleased track which dates back to the Diamonds and Pearls era – and a new version of This Could Be Us from Art Official Age.