---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-000434"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:17:59.541504+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sirius XM adds $1.1B delayed draw term loan to credit facility, tied to pending merger

## Summary
- Amendment No. 9 adds $1.1B delayed draw incremental term loan to existing credit agreement.
- Loan available in up to three drawings until December 31, 2024, subject to conditions.
- Designated as a Limited Condition Transaction for the Liberty Media Merger and Splitoff.
- Existing $1.75B revolver and $500M term loan remain unchanged.
- Obligations continue secured by substantially all assets of Sirius XM and material domestic subsidiaries.

## SEC filing metadata
- accession: 0000930413-24-000434
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000093041324000434/0000930413-24-000434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000093041324000434/c107877_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-000434
- JSON: https://secwatch.observer/filing/0000930413-24-000434.json
- Plain text: https://secwatch.observer/filing/0000930413-24-000434.txt

## Key facts
- Material Agreements
  SIRIUS XM HOLDINGS INC. amended Amendment No. 9 with JPMorgan Chase Bank, N.A. and other agents and lenders (effective 2024-01-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. and other agents and lenders
  - Effective: 2024-01-26
  source text: On January 26, 2024, Sirius XM Radio Inc. (“Sirius XM”), our subsidiary, entered into an amendment (“Amendment No. 9”) to its existing credit agreement with JPMorgan Chase Bank, N.A., as the administrative agent, and other agents and lenders (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/908937/000093041324000434/0000930413-24-000434-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.