Simpson Thacher Represents Sirius XM Radio Inc. in $1.25 Billion Revolving Credit Facility
12.10.12
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The Firm recently represented Sirius XM Radio Inc. (SiriusXM) in connection with the entering into of a new five-year, $1,250,000,000 senior secured revolving credit facility.
SiriusXM (Nasdaq: SIRI) is the world's largest radio broadcaster measured by revenue and has 23.4 million subscribers. SiriusXM creates and broadcasts commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment; and the most comprehensive Latin music, sports and talk programming in radio.
The Simpson Thacher team included Brian Steinhardt, Mike Vernace and Eric Risi (Credit); Gary Sellers, Jonathan Ozner (Corporate); Devin Heckman (Tax); Samantha Himelman (Intellectual Property); Jamin Koslowe (Executive Compensation and Employee Benefits); and Adeeb Fadil and Noreen Lavan (Environmental).