Daily News: May 27, 2014

TD Bank, National Bank Canada Close SiriusXM Facility

Sirius XM Canada Holdings, parent of Sirius XM Canada, announced the completion of its C$35 million senior secured credit facility with National Bank Canada and The Toronto-Dominion Bank.

The company also announced the completion of its redemption of all of the company’s C$130.8 million outstanding 9.75% senior notes due 2018 at a redemption price equal to approximately 107.9616% of the principal amount of the existing notes plus accrued and unpaid interest.