SiriusXM Continues To Pile On Debt

SiriusXM Holdings (NASDAQ:SIRI) has announced that it will be issuing $0.5 billion of 5-year and $1 billion of 10-year Senior Notes to qualified institutional buyers.

The funds, along with cash on hand, will be used to redeem the company's $0.5 billion of 4.25% Senior Notes due 2020 and its $0.6 billion of 5.75% Senior Notes due 2021. Standard & Poor's assigned (email login required):

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.

Baltimore Business Spotlight

Feature Your Business Here

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect