Sirius Says It's 'Fully Funded'

Sirius Says It's 'Fully Funded'
Publish date:

During the second quarter, Sirius completed two financing transactions which eliminated the company's previously stated funding gap, and added approximately $357 million in cash, for a total of $560 million.
New Sirius EVP/CFO David Frear said the company is fully funded and has little debt.