It is Feb. 15th...
The '09 debt.....
- Sirius’ $300 million (now $174,588,000) 2.5% convertible, maturing on February 15, 2009.
- XM’s $250 million revolver, maturing on May 5, 2009
...
SIRIUS XM SATELLITE RADIO FORUM
Type: Posts; User: Demian
It is Feb. 15th...
The '09 debt.....
- Sirius’ $300 million (now $174,588,000) 2.5% convertible, maturing on February 15, 2009.
- XM’s $250 million revolver, maturing on May 5, 2009
...
Well, it's reduced down enough now where they could easily pay off the remaining Feb. debt in cash without any financing. What was once 300M due this Feb. is now only $174,588,000....
SIRI files new 8K - 100M shares traded for 13M in debt...
...