yeah i believe so cause thats xm debt being payed off there
Yes and no, but there's nothing new here...
This is just an amended registration statement for the amount that XM refinanced with their Dec 2009 maturing bonds.
It's XM debt, but Sirius is still the parent company to the subsidiary for which this debt is secured.
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Thnks for clarifying it for these guys Homer. Hopefully you explained it to the Yahoo boards too because I saw quite a few people thinnking they were buying shares, selling shares or paying off debt. This is the new debt that was issued in February to replace December 2009 debt. This was the non-Ergen debt.