---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-000436"
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: "2026-06-06T16:18:27.540131+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sirius XM adds $1.1B delayed draw term loan via Amendment No. 9 to credit agreement

## Summary
- New $1.1B delayed draw incremental term loan added to existing $1.75B revolver and $500M term loan.
- Available in up to three draws until Dec 31, 2024 for working capital, buybacks, dividends, and M&A.
- Draw conditioned on consummation of planned Merger and Splitoff with Liberty Media (Limited Condition Transaction).
- Loan secured by substantially all assets of Sirius XM and its material domestic subsidiaries.
- Arranged by JPMorgan Chase, BofA Securities, and Morgan Stanley.

## SEC filing metadata
- accession: 0000930413-24-000436
- 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: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000093041324000436/0000930413-24-000436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000093041324000436/c107879_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-000436
- JSON: https://secwatch.observer/filing/0000930413-24-000436.json
- Plain text: https://secwatch.observer/filing/0000930413-24-000436.txt

## Key facts
- Material Agreements
  SIRIUS XM HOLDINGS INC. amended Amendment No. 9 to Credit Agreement with JPMorgan Chase Bank, N.A. valued at Amendment No. 9 provides for certain changes to the Credit Agreement, including the addition of a $1 (effective 2024-01-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: Amendment No. 9 provides for certain changes to the Credit Agreement, including the addition of a $1
  - 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/908937/000093041324000436/0000930413-24-000436-index.htm

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