SiriusXM Announces $1.5 Billion Debt Offering to Counter Coronavirus Ad Drops

Satellite radio mainstay SiriusXM has announced that it will issue $1.5 billion in senior secured notes as part of an effort to offset a coronavirus-fueled drop in ad revenue. SiriusXM revealed the debt offering in a series of press releases, which were shared with Digital Music News. The New York City-based brand laid out the […]

The post SiriusXM Announces $1.5 Billion Debt Offering to Counter Coronavirus Ad Drops appeared first on Digital Music News.

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