[Satellite Today 07-25-08] XM Satellite Radio Inc. priced a debt offering as part of a series of transactions to refinance certain debt M in connection with the pending merger with Sirius Satellite Radio Inc., XM announced July 24.
The new notes are expected to $778.5 million, and XM expects to receive gross proceeds of $700.1 million
The merger of the two satellite radio companies is expected to be approved soon by the U.S. Federal Communications Commission, but the offering can be withdrawn if the merger is not consummated, XM said.
As Merger Approval Nears, XM Prices Debt Offering
By S Staff Writer
Hungary’s 4iG Group to Launch Starlink Mobile
Hungarian tech, telecommunications, and defense company 4iG Group will launch SpaceX’s Starlink Mobile in certain European markets. The companies’ Sept. 2 announcement involved three initiatives — the current Starlink Mobile […]
Trending Now
-
ManufacturingBoeing Delivers O3b mPOWER Satellites to SES
-
Earth ObservationPlanet’s Sovereign Wins Drive Nearly 60% Revenue Growth in Q2







