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Easy1

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Easy1

Re: None

Tuesday, 03/03/2015 8:46:45 AM

Tuesday, March 03, 2015 8:46:45 AM

Post# of 30800
• Sirius XM (NASDAQ:SIRI) plans an offering of $750M in senior notes due 2025.
• Proceeds to be used for general purposes, including debt retirement/rollover or stock repurchase.
• In its Q4 report, Sirius XM noted leverage was steady at about 3.1x EBITDA. The company had $147.7M in cash and equivalents at year's end, against $4.5B in long-term debt.
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