On Wednesday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), gained 0.27% to $3.77.
Sirius XM Holdings, declared that its partner, Sirius XM Radio Inc., has reached an amendment to its existing senior secured revolving credit facility with a syndicate of banks and other financial institutions to enhance total commitments from $1.25 billion to $1.75 billion and extend the maturity to 2020, among other things. The amended facility is secured by substantially all the assets of Sirius XM Radio Inc. and its auxiliaries and was not drawn upon at closing. The company will use borrowings under its facility for working capital and other general corporate purposes, counting without limitation, share repurchases, dividends and the financing of acquisitions.
J.P. Morgan Chase Bank, N.A. acted as Administrative Agent. J.P. Morgan Securities LLC acted as a Joint Bookrunner together with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, BMO Capital Markets Corp., BNP Paribas Securities Corp., Morgan Stanley MUFG Loan Partners, LLC, Credit Agricole Corporate and Investment Bank, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs, Mizuho Bank, LTD., RBC Capital Markets, Scotiabank, SunTrust Robinson Humphrey, Inc., U.S. Bancorp Investments Inc., and Wells Fargo Securities LLC.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Shares of NorthStar Realty Finance Corp. (NYSE:NRF), inclined 1.60% to $17.12, during its last trading session.
NorthStar Realty Finance, is buying the Trianon office tower, one of Frankfurt’s tallest skyscrapers, from Madison International Realty LLC and a fund managed by Morgan Stanley, two people with knowledge of the matter said. Bloomberg Reports.
NorthStar declared the 540 million-euro ($611 million) transaction late on Monday, without naming the building or the sellers. The people familiar with the deal asked not to be identified because the information is private.
Representatives at Morgan Stanley and Madison declined to comment. No one at NorthStar could be reached for comment, according to Bloomberg.
NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset administration company in the United States.
Finally, Banco Santander, S.A. (NYSE:SAN), ended its last trade with -0.56% loss, and closed at $7.08.
Santander Bank, N. A. and the American Red Cross declared that the Santander Bank Foundation donated $175,000 to the organization to support its disaster relief efforts. The Massachusetts Region is receiving $75,000 to directly fund a new disaster recovery center that will assist connect organizations together to coordinate care during times of need.
The American Red Cross of Massachusetts will use the donation for disaster relief counting natural and man-made disasters. The Red Cross responds to hurricanes, blizzards, floods, hazardous materials spills and other emergencies but the majority of the Red Cross’ response is to home fires across the state. The Red Cross recently created the national Home Fire Campaign aimed at reducing injuries and deaths related to home fires by 25 percent over the next five years.
Another key component to disaster response is a central command center for managing relief efforts with first responders and other agencies. Among its key functions, the DOC allows volunteers and staff to coordinate the administration of equipment and supplies, and the coordination of responders who can provide relief to those affected by disaster. The DOC will enable the Massachusetts Region, one of the largest in the Red Cross network, be better prepared to deliver critical services when the need arises.
Banco Santander, S.A. provides various banking products and services for individuals and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto finance, and personal credits; consumer finance; and mobile banking and electronic banking services.
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