Purchase Solution

XM Radio Satellite Radio

Not what you're looking for?

Ask Custom Question

Please help me so that I can complete the following:

Organization- XM Radio Satellite

Using the organization's financials address the following
a. Identify two lenders the firm uses.

b. Identify the investment bank the firm uses to issue stock.
c. Identify and discuss the role these intermediaries play for the firm.

d. Discuss which government entities regulate the securities that this firm issues.

e. Examine the role that these entities play for investors

Purchase this Solution

Solution Summary

Identify two lenders the firm uses.

Solution Preview

a. Identify two lenders the firm uses.

Two lenders are:

1) The Company . have a revolving $150.0 million Senior Secured Credit Facility with GM that matures on the earlier of December 31, 2009 or six months after the Company achieves investment grade status.

2) Company also uses various Senior notes/ convertible senior notes. For example, there is an 9.75% Senior Notes due 2014.

Reference: 10 K filings: http://phx.corporate-ir.net/phoenix.zhtml?c=115922&p=irol-sec#5456578

b. Identify the investment bank the firm uses to issue stock.

Bear Sterns is one of the leading investment bank that XM uses to issue stocks.

c. Identify and discuss the role these intermediaries play for the firm.

Intermediaries like investment bankers play a very important role in fund raising process of companies like XMSR, be it a IPO or ...

Solution provided by:
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution


Free BrainMass Quizzes
Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Introduction to Finance

This quiz test introductory finance topics.

Lean your Process

This quiz will help you understand the basic concepts of Lean.