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Sirius XM Canada to redeem 8% convertible debentures at par on Feb. 18
By Jennifer Chiou
New York, Jan. 15 - Sirius XM Canada Holdings Inc. announced that it will redeem all C$20 million of its outstanding 8% convertible unsecured subordinated debentures due Sept. 12, 2014.
The company will pay par plus accrued interest to the Feb. 18 redemption date, for a total of C$1,010.74 per C$1,000 principal amount.
The issuer is the parent of Toronto-based Sirius XM Canada Inc.
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