Sirius XM Holdings Inc., through its wholly owned subsidiary Sirius XM Radio Inc., has amended its senior secured credit facilities. The amendment, known as Amendment No. 8, was entered into on December 29, 2023, with JPMorgan Chase Bank, N.A. acting as the administrative agent, alongside other agents and lenders. This amendment allows for the full $1.1 billion from the senior secured 364-day term loan bridge facility, which was initially outlined in a commitment letter dated December 11, 2023, to be secured. The commitment letter involved parties such as Morgan Stanley Senior Funding, Inc., Bank of America, N.A., BofA Securities, Inc., and JPMorgan Chase Bank, N.A. The credit facilities remain guaranteed by the material domestic subsidiaries of the Borrower and are secured by liens on nearly all assets of SiriusXM and those subsidiaries, with certain exceptions. The full details of Amendment No. 8 are included in Exhibit 10.1, which is filed with the report and incorporated by reference.

Sirius XM Holdings Inc., through its wholly owned subsidiary Sirius XM Radio Inc., has amended its senior secured credit facilities. The amendment, known as Amendment No. 8, was entered into on December 29, 2023, with JPMorgan Chase Bank, N.A. acting as the administrative agent, alongside other agents and lenders. This amendment allows for the full $1.1 billion from the senior secured 364-day term loan bridge facility, which was initially outlined in a commitment letter dated December 11, 2023, to be secured. The commitment letter involved parties such as Morgan Stanley Senior Funding, Inc., Bank of America, N.A., BofA Securities, Inc., and JPMorgan Chase Bank, N.A. The credit facilities remain guaranteed by the material domestic subsidiaries of the Borrower and are secured by liens on nearly all assets of SiriusXM and those subsidiaries, with certain exceptions. The full details of Amendment No. 8 are included in Exhibit 10.1, which is filed with the report and incorporated by reference.