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, Peter Martelli and Jonathan Ozner (Corporate); Devin Heckman (Tax); Samantha Himelman (Intellectual Property); Jamin Koslowe (Executive Compensation and Employee Benefits); and Adeeb Fadil and Noreen Lavan (Environmental).
