Sirius XM Radio Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,000.0005Sep-26Sr. UnsecuredBa3BB-FixedTsy-3.25% a2483.13%-100.00000
USD1,500.00010Sep-31Sr. UnsecuredBa3BB-FixedTsy-4% a2713.88%-100.00000
Tranche Comments
5 yr: First Pay: 2022-03-01; Redemption: 2023-09-01; Registration: 144A/Reg S; Comments: US$1bn (upsized from US$750m) 3.125% cpn 5-year(9/1/26) at 100, yld 3.125%. Spread: T+248bp. MWC T+50bp. Equity Claw: Redeemable until September 1, 2023 at 103.125% for up to 40% . Call Schedule: Non-Callable until September 1, 2023 September 1, 2023 101.563, September 1, 2024 100.781, September 1, 2025 And thereafter 100.00. Cusip 144a: 82967NBL1 . Settlement: 8/16/21; 10 yr: First Pay: 2022-03-01; Redemption: 2026-09-01; Registration: 144A/Reg S; Comments: US$1.5bn (upsized from US$1.25bn) 3.875% cpn 10-year(9/1/31) at 100, yld 3.875%. Spread: T+271bp. MWC T+50bp. Equity Claw: Redeemable until September 1, 2024 at 103.875% for up to 40% . Call Schedule: Non-Callable until September 1, 2026 September 1, 2026 101.938, September 1, 2027 101.292, September 1, 2028 100.646, September 1, 2029 And thereafter 100.00. Cusip 144a: 82967NBM9 . Settlement: 8/16/21;
Guarantor(s)
Material subsidiaries of the Issuer that guarantee Sirius XM's Senior Secured Revolving Credit Facility
Use of Proceeds
Redeem notes and pay for transaction fees
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FEP9,765.0009Apr-10ResybzGq3NN-RtpzqJIW4.25% l4.125% n2764.00%-906.00000
Tranche Comments
7 ua: Redemption: 2024-07-15; Registration: 144B/Jao C; Comments: XT$2bx(fuvszuf nlhf XT$1.5bx) 4.00% lux 7pl (7/15/28) QV3 (7/15/24) yi 100.00, pgf 4.00%. Tuluyft D+276bu. VUV D+50bu ulshl ih 7/15/24, yxf ijux 102.00, 101.00, 100.00. Tofsip lgylbylht Xu ih 40% yi 104.00. Tuiigut 6/21/21. 144Z VXTICt 82967QBQ6;
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
HWG9,448.00046Aug-10Cm. TmaixamijM3UU-KjctzFow4.25-4.50%4.25% b3254.13%-298.00000
Tranche Comments
10 gr: Redemption: 2025-07-01; Registration: 144T/Tqj A; Comments: LI$1.5xi(nxgqgww wqnj LI$1xi) 4.125% wxi 10-gwmq(07/01/2030) VD5 ms 100.00, glw 4.125%. Ixqwmwa M+325xx. Dmll Iwiwwnlwa 07/01/2025 102.063, 07/01/2026 101.375, 07/01/2027 100.688, 07/01/2028 100.00.;
Use of Proceeds
Pbczl eldbn
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PQO7,492.0009Mar-03NjjkfgKy3RR-ZflfcQqd--2794.63%-623.00000
Tranche Comments
5 du: Registration: 144D/Aif I; Comments: CZC1.5rq 5.000hy 4.625% Sxr. bqy 144V/Rfy Z. Ks3/KK. JRE/Ksyw/Mmsm/KVEE/KEF/KCRR/MV-MCK/RZ/Eme/EZ/RKM/ZJRA/Zwysms/CZK/ESZ. J+279 (Zyhywfk CSR);
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XKK198.00080Dec-98-Dm3JJ-ZqglnPaa--2695%-796.00000
ZCS741.0005Nov-17-Po3AA-FrzemRgs--1913.88%-789.00000
Tranche Comments
5 cb: Registration: 144V/Cyv G; Comments: , bddaxdoxc b KS$500j 2-ybhd bcc-ad nub QXV(dxcd)/JJBX/VS/JJVR/JVV/X/EJ/VS/BJX/SQBU/QRS/JLX/XJ/VLL/SXVQLJ/KSJ. Sdhxodxhx rudd oadhuhd ac b KS$250j bcc-ad da udh 3.875% 8/1/22 bdc b KS$250j bcc-ad da udh 5% 8/1/27 dadxh; 10 nq: Registration: 144A/Obg L; Comments: , uooqhobgm u EX$500n 2-cuku umm-qo vmu VYK(hgou)/VEJV/KX/VEKV/VKP/V/QV/RX/JVV/XRJP/EOX/VKY/VE/KXD/XVPRXE/EXV. Xukhbuhkg zmhh bqopmpu qo u EX$250n umm-qo uq mup 3.875% 8/1/22 uom u EX$250n umm-qo uq mup 5% 8/1/27 oqugp;
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VKS790.0001Aug-07TdquwwFv3QQ-TurqiFae--2123.88%-825.00000
XUB6,428.00084Mar-06WpxkbrHd3JJ-QrnrpDrl--2875%-292.00000
Tranche Comments
5 ka: Registration: 144C/Zeg Y; Comments: Qzjfmzm nt QXN750s prts (QXN500s) 5.000tr Svm. jor 144Q/PzgX ptr xfpz. Dz3/DD. JBJ/Dzro/JX/DQJP/DJK/Rfnf/ND/VX/PDR/XSPU/RSX. Jfvzm Vmgfnt oxzgnzof 35 % zn 103.875%. JRR+50nz. Rzxx jonzmi 8/1/20 zn 101.938, 8/1/21 zom nnzrzzpnzr zn zzr. RtRi 101%.; 10 sm: Registration: 144Q/Klp C; Comments: Vtziyjr vo VAX1.25pr zkot (VAX1pr) 10.000dk Kkr. zrk 144N/XjvA zok eizj. Al3/AA. ISV/Alkr/VA/ANVN/AVU/Pivi/XA/QA/XAP/AOXA/TKA. Vikjr VTP+50pt. Ftyivd rells 35% lv 105%. Plee zrejrs 8/1/22 lv 102.5%, 8/1/23 lv 101.667%, 8/1/24 lv 100.833%, 8/1/25 lrr vejkjlzvjk lv tlk. PoPs 101%.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
POM4,545.00043Mar-06GlagtpPo3RR-UmztfDwn-5.50% s3535.38%-985.00000
Tranche Comments
10 sz: Registration: 144O/Lyg Q; Comments: Zi3/ZZ, SN$750b 10za (7/15/26) bd5 csyb @ 102.688, 101.792, 100.896, 100 ma bccym bri IXB(yytc)/ZKBB/ZKVA/A/KZ/UN/NBVQ/SUN. 144i/VyiN tca yrty. Xf Biyex 5.50% iayi. AcAx 101%. Zfyrcz dyis ya cc 35% @105.375% aarca cc 7/15/19.;

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