Sirius XM Radio Prices Offering of $1.5B of Senior Notes

6/8/20

SiriusXM announced today that its subsidiary, Sirius XM Radio Inc., priced an offering of $1.5 billion of 4.125% Senior Notes due 2030. This represents an increase of $500 million in aggregate principal amount in the offering size of the notes. The sale of the notes is expected to be consummated on or about June 11, 2020, subject to customary closing conditions.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers and directly to consumers through aftermarket devices.

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