Sirius XM Holdings Inc, founded in 1990 and headquartered in New York City, is a leading audio entertainment company that primarily provides satellite and online radio services. The company offers a diverse range of audio programming, including commercial-free music, premier sports talk, news, and podcasts through its subscription-based services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SIRI 5.00% 2027-08-01 USDSirius XM Holdings Inc | United States | 2027-08-01 | 5.000 | 5.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sirius XM began issuing bonds in the early 2000s to finance its operations and expansion, notably after the merger of Sirius Satellite Radio and XM Satellite Radio in 2008. One of the significant issuances came in 2013 when the company issued $1.25 billion in senior notes, aimed at refinancing existing debt and funding strategic initiatives. Recently, their bonds have offered yields averaging around 4.5%, aligning competitively with the broader entertainment industry. Notably, Sirius XM’s 2021 issuance included features such as call options, providing investors with additional flexibility in terms of liquidity.