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Sirius XM Radio Intends To Offer $600 Million Of Senior Notes Due 2020
September 19, 2013 at 5:15 AM (PT)
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$600 Million Of Senior Notes Offered
SIRIUS XM RADIO intends to offer $600 million of Senior Notes due 2020 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S of the Securities Act.
SIRIUS XM intends to use the net proceeds from any such offering, together with cash on hand, to redeem its outstanding 7.625% Senior Notes due 2018.
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