SiriusXM Prices Cash Tender Offer for $1 Billion 3.125% Notes Due 2026

Reuters03-05
SiriusXM Prices Cash Tender Offer for $1 Billion 3.125% Notes Due 2026

Sirius XM Holdings Inc. announced pricing terms for a cash tender offer by its subsidiary, Sirius XM Radio LLC, to buy any and all outstanding 3.125% senior notes due 2026. The offer covers $1.0 billion of notes and is priced at $994.64 per $1,000 principal amount, plus accrued interest, with an expected initial payment date of March 5, 2026. SiriusXM said it expects to fund purchases with proceeds from a contemporaneous senior notes offering and cash on hand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sirius XM Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY01344) on March 04, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment