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Sirius XM issues US$1bn bond to help pay for Canadian takeover

Connectivity BusinessbyConnectivity Business
May 27, 2016
in Uncategorized
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New York-based satellite radio provider Sirius XM has issued a US$1bn bond to repay debt and fund its planned stake increase in affiliate Sirius XM Canada Holdings. In mid-May Sirius XM announced a plan to take Sirius XM Canada private with two other shareholders that would see it pay US$275m to increase its economic interest in the […]

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