June 7, 2021 11:21 AM 29 seconds read

Sirius XM Radio Seeks to Raise $1.5B Via Senior Notes for Debt Refinancing

by Anusuya Lahiri Benzinga Editor
Follow
Comments
  • Sirius XM Holdings Inc’s SIRI subsidiary, Sirius XM Radio Inc, plans to offer $1.5 billion of Senior Notes due 2028 in an institutional offering.
  • The offering proceeds will be utilized to repay its 3.875% Senior Notes due 2022 and to repay, in part, its senior secured credit facility.
  • Sirius’s long-term debt stood at $8.9 billion as of Mar. 31, 2021.
  • Price action: SIRI shares traded higher by 1.62% at $6.58 in the market session on the last check Monday.
SIRI Logo
SIRISirius XM Holdings Inc
$22.75-6.72%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum18.68
Growth20.47
Quality-
Value39.36
Price Trend
Short
Medium
Long
Overview
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted In:
NewsOfferingsTechMediaBriefs

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga

© 2025 Benzinga | All Rights Reserved