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SiriusXM to Retire $186 Million of Debt

Sirius XM Radio (NASDAQ: SIRI) announced today that, on September 1, 2012, it will redeem all of its outstanding 9.75% Senior Secured Notes due 2015, CUSIP Nos. 82967NAA6, 82967NAB4, and U82764AA6, at a redemption price of 104.875% plus accrued interest. As of July 25, 2012, $186,112,000 of the 9.75% Senior Secured Notes due 2015 is outstanding.

Posted-In: News Financing

 

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