debt
confidence high
sentiment neutral
materiality 0.60
Sirius XM subsidiary prices upsized $1.25B 5.875% senior notes due 2032
SIRIUS XM HOLDINGS INC.
- Sirius XM Radio LLC priced $1.25B of 5.875% senior notes due 2032, upsized by $250M.
- Proceeds used to buy all 3.125% notes due 2026 via concurrent tender offer.
- Also redeem $250M of its 5.000% senior notes due 2027; conditional redemption notice issued.
- Offering expected to close March 4, 2026; redemption of 5.000% notes on March 29, 2026.