secwatch.observer — SEC 8-K summary
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Issuer:     SIRIUS XM HOLDINGS INC. (SIRI)
CIK:        0000908937
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0000930413-24-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiriusXM amends credit agreement to allow $1.1B secured bridge facility
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- Amendment No. 8 to credit agreement permits $1.1 billion senior secured 364-day bridge loan (Space Bridge Facility).
- Bridge facility is secured by substantially all assets of SiriusXM and material domestic subsidiaries.
- Amendment executed with JPMorgan, Morgan Stanley, Bank of America, and others; effective December 29, 2023.
- Obligations under credit agreement remain guaranteed by material domestic subsidiaries.
- No default or event of default existed as of the amendment date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908937/000093041324000019/0000930413-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908937/000093041324000019/c107555_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-24-000019

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