NEW ISSUE “SIRIUS SATELLITE RADIO”

**SIRIUS Xm Radio Inc 4.625% May 15 2023**

NEW ISSUE SECURITIES

Sirius Satellite Radio is building a digital radio system that will broadcast up to 100 channels of music and entertainment programming to motorist throughout the continental United States.  The company plans to offer channels of commercial-free music and channels of news, sports and entertainment programming for a monthly subscription fee.

  • Bonds are Rated:     BB by (S&P) B1 by (DBRS)
  • Price:     101.75
  • YTM:     4.41%
  • Call Dates :     05/15/2018 at 102.313 and 05/15/2019 at 101.542 and 05/15/2020 at 100.771
  • Issue Size:     500MM

 

 

 

Speak Your Mind

*