Home Latest News Table Malone Slowly Taking Complete Control

Who's Online

We have 4 guests online

Ads by Google

Statistics

Content View Hits : 52694
Malone Slowly Taking Complete Control PDF Print E-mail
Written by Michael Hartleib   
Friday, 12 March 2010 17:49

New Issue-Sirius XM Radio sells $800 mln notes

Fri Mar 12, 2010 5:30pm EST

Stocks

   

 

 March 12 (Reuters) - Sirius XM Radio Inc (SIRI.O) on Friday
sold $800 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
 Liberty Media Corp, an affiliate of the issuer, intends to
purchase $150 million of the notes in the offering.
 The size of the deal was increased from an originally
planned $550 million.
 JP Morgan was the sole bookrunning manager for the sale.
BORROWER: SIRIUS XM RADIO INC
AMT $800 MLN      COUPON 8.75 PCT     MATURITY 4/1/2015  
TYPE SR NOTES     ISS PRICE 100       FIRST PAY 10/1/2010
MOODY'S Caa2      YIELD 8.75 PCT      SETTLEMENT 3/17/2010
S&P B-MINUS       SPREAD 634 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE-CALL 50 BPS

Comments (0)Add Comment

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy
 
Copyright © 2010 SaveSirius.org. All Rights Reserved.
Joomla! is Free Software released under the GNU/GPL License.
 

Buy the MOVIE !