Homer,
Thanks for explantion, and I agree debt will get done. However I am looking at the million to 1 a portion of May or all December's Default how does it effect parent company? You...
SIRIUS XM SATELLITE RADIO FORUM
Type: Posts; User: LIBOR/TED SPREAD
Homer,
Thanks for explantion, and I agree debt will get done. However I am looking at the million to 1 a portion of May or all December's Default how does it effect parent company? You...
With Sirius being the parent vs XM the "child" what is law regarding what happens to parrent company IF subsidiary "child" defaults of Debt?