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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (427)12/23/2002 9:25:44 AM
From: Michael Hart  Read Replies (1) | Respond to of 3386
 
Refinancing !! Comments anyone?

XM Radio Announces $450 Million Financing Package
XMSR

WASHINGTON, Dec 23, 2002 /PRNewswire-FirstCall via COMTEX/ -- XM Satellite Radio Inc. ( NASDAQ:XMSR) today announced a set of definitive financing agreements totaling $450 million -- consisting of $200 million in new funds from strategic and financial investors and $250 million in payment deferrals and related credit facilities from General Motors.