New Issue-XM Satellite Radio sells $525.75 mln notes

June 25 (Reuters) - XM Satellite Radio Inc, a unit of
Sirius XM Radio Inc (SIRI.O) sold $525.75 million of four-year
senior secured notes in the 144a private placement market on
Thursday, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $350 million.

JP Morgan was the sole bookrunning manager for the sale.
BORROWER: XM SATELLITE RADIO INC
AMT $525.75 MLN* COUPON 11.25 PCT MATURITY 6/15/2013
TYPE SR SEC NTS ISS PRICE 95.093 FIRST PAY 12/15/2009
MOODY'S Caa1 YIELD 12.875 PCT SETTLEMENT 6/30/2009
S&P SINGLE-B SPREAD 1057 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 2 YEARS**
*$499.951448 MLN PROCEEDS TO ISSUER
**CALL SCHEDULE: 106.625, 100
MAKE-WHOLE CALL 50 BPS