Sirius XM Radio (SIRI -1.2%) says it plans to float $500M in senior notes due in 2020 to raise...

|About: Sirius XM Holdings Inc. (SIRI)|By:, SA News Editor

Sirius XM Radio (SIRI -1.2%) says it plans to float $500M in senior notes due in 2020 to raise funds. The company indicates that at least a portion of the funds could be used for share repurchases.