Sirius XM : Subsidiary to Offer $1 Billion of Senior Notes Due 2030

Sirius XM Holdings Inc. said its subsidiary, Sirius XM Radio Inc., plans to offer $1 billion of senior notes due 2030. The company said it intends to use the net proceeds, together with cash on hand, to redeem all of its outstanding 5.375% senior notes due 2025 at a redemption price of 102.


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