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Sirius XM to retire $539.55 million outstanding 7 5/8% notes due 2018
By Susanna Moon
Chicago, Sept. 25 - Sirius XM Radio Inc. said it will redeem all of its $539,551,000 of outstanding 7 5/8% senior notes due 2018 on Oct. 25.
Funding for the redemption will come from the issue of $650 million principal amount of 5 7/8% senior notes due 2020, according to a company press release.
Sirius XM is a New York-based satellite radio provider.
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