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Prospect News home > News index > List of issuers S > Headlines for Sirius XM Radio Inc. > News item
Published on 6/8/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

SiriusXM to fully redeem 5 3/8% notes due 2025 from new offering

Chicago, June 8 – SiriusXM Holdings Inc. said subsidiary Sirius XM Radio Inc. plans to use proceeds from a new offering to fully redeem its outstanding 5 3/8% senior notes due 2025, according to a news release.

The notes will be redeemed at 102.688 plus interest to, but excluding, the redemption date.

Sirius is planning to offer $1 billion of new senior notes due 2030.

Sirius XM Holdings is a New York-based radio broadcaster.


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