Ογ½Ά΄«Γ½

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.20.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2020
Schedule of Long-term Debt Instruments

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Outstanding

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°δ²Ή°ω°ω²βΎ±²Τ²΅Μύ±Ή²Ή±τ³ά±π

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​

ΜύΜύΜύΜύ

Principal

ΜύΜύΜύΜύ

June 30,

ΜύΜύΜύΜύ

December 31,

Μύ

​

​

June 30, 2020

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2020

​

2019

​

​

​

amountsΜύinΜύmillions

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Ογ½Ά΄«Γ½ SiriusXM Group

​

​

​

​

​

​

​

​

​

Corporate level notes and loans:

​

​

​

​

​

​

​

​

​

1.375% Cash Convertible Notes due 2023 (1)

​

$

1,000

Μύ

​

1,043

​

NA

​

2.125% Exchangeable Senior Debentures due 2048 (1)

​

​

400

​

​

387

​

423

​

2.25% Exchangeable Senior Debentures due 2048 (1)

​

​

385

​

​

394

​

NA

​

2.75% Exchangeable Senior Debentures due 2049 (1)

​

​

604

​

​

564

​

632

​

Sirius XM Holdings Margin Loan

​

​

750

Μύ

​

750

Μύ

350

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Live Nation Margin Loan

​

​

β€”

Μύ

​

β€”

​

NA

​

Subsidiary notes and loans:

​

​

​

​

​

​

​

​

​

Sirius XM 3.875% Senior Notes due 2022

​

​

1,000

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​

996

​

995

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Sirius XM 4.625% Senior Notes due 2023

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Μύ

500

Μύ

​

498

Μύ

498

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Sirius XM 4.625% Senior Notes due 2024

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​

1,500

Μύ

​

1,486

​

1,485

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Sirius XM 5.375% Senior Notes due 2025

​

​

1,000

Μύ

​

994

Μύ

993

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Sirius XM 5.375% Senior Notes due 2026

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​

1,000

​

​

993

​

992

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Sirius XM 5.0% Senior Notes due 2027

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​

1,500

​

​

1,489

​

1,488

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Sirius XM 5.50% Senior Notes due 2029

​

​

1,250

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​

1,237

​

1,236

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Sirius XM 4.125% Senior Notes due 2030

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​

1,500

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​

1,483

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β€”

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Pandora 1.75% Convertible Senior Notes due 2020

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​

1

​

​

1

​

1

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Pandora 1.75% Convertible Senior Notes due 2023

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​

193

​

​

166

​

163

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Sirius XM Senior Secured Revolving Credit Facility

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Μύ

β€”

Μύ

​

β€”

Μύ

β€”

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Deferred financing costs

​

​

​

​

​

(13)

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(11)

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Total Ογ½Ά΄«Γ½ SiriusXM Group

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​

12,583

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12,468

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9,245

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Braves Group

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​

​

​

​

​

​

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Subsidiary notes and loans:

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​

​

​

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​

​

​

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Notes and loans

​

Μύ

718

Μύ

​

718

Μύ

559

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Deferred financing costs

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​

​

​

​

(4)

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(5)

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Total Braves Group

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​

718

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​

714

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554

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Formula One Group

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​

​

​

​

​

​

​

​

Corporate level notes and loans:

​

​

​

​

​

​

​

​

​

1.375% Cash Convertible Notes due 2023 (1)

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​

NA

​

​

NA

Μύ

1,322

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1% Cash Convertible Notes due 2023 (1)

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​

450

​

​

489

​

585

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2.25% Exchangeable Senior Debentures due 2046 (1)

​

​

206

​

​

214

​

257

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2.25% Exchangeable Senior Debentures due 2048 (1)

​

​

NA

​

​

NA

​

459

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Live Nation Margin Loan

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​

NA

​

​

NA

​

130

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Other

​

​

77

​

​

77

​

32

​

Subsidiary notes and loans:

​

​

​

​

​

​

​

​

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Senior Loan Facility

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​

2,902

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​

2,905

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2,907

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Deferred financing costs

​

​

​

​

​

(13)

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(15)

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Total Formula One Group

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​

3,635

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​

3,672

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5,677

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Total debt

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$

16,936

Μύ

​

16,854

Μύ

15,476

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Debt classified as current

​

​

​

Μύ

​

(1,874)

Μύ

(60)

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Total long-term debt

​

​

​

​

$

14,980

Μύ

15,416

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(1) Measured at fair value

Fair Value of Debt

The fair value, based on quoted market prices of the same instruments but not considered to be active markets (LevelΜύ2), of Sirius XM Holdings’ publicly traded debt securities, not reported at fair value, are as follows (amounts in millions):

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ΜύΜύΜύΜύ

June 30, 2020

Μύ

Sirius XM 3.875% Senior Notes due 2022

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$

1,001

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Sirius XM 4.625% Senior Notes due 2023

​

$

504

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Sirius XM 4.625% Senior Notes due 2024

​

$

1,536

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Sirius XM 5.375% Senior Notes due 2025

​

$

1,027

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Sirius XM 5.375% Senior Notes due 2026

​

$

1,031

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Sirius XM 5.0% Senior Notes due 2027

​

$

1,538

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Sirius XM 5.50% Senior Notes due 2029

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$

1,320

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Sirius XM 4.125% Senior Notes due 2030

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$

1,479

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Pandora 1.75% Senior Notes due 2020

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$

1

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Pandora 1.75% Senior Notes due 2023

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$

217

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Braves Holdings Μύ
Schedule of Braves Holdings Debt

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​

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°δ²Ή°ω°ω²βΎ±²Τ²΅Μύ±Ή²Ή±τ³ά±π

Μύ

As of June 30, 2020

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June 30,

ΜύΜύΜύΜύ

DecemberΜύ31,

Μύ

Borrowing

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Weighted avg

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Maturity

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2020

​

2019

Μύ

Capacity

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interest rate

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Date

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amounts in millions

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​

​

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Operating credit facilities

$

185

​

45

​

185

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1.30%

​

various

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Ballpark funding

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​

Μύ

​

​

​

​

​

​

​

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Term loan

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48

​

49

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NA

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1.55%

​

August 2021

​

Senior secured note

​

186

​

190

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NA

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3.77%

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September 2041

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Floating rate notes

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63

​

65

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NA

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3.15%

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September 2029

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Mixed-use credit facilities and loans

​

206

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180

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307

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3.57%

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various

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Spring training credit facility

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30

​

30

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NA

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3.65%

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December 2030

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Total Braves Holdings

$

718

​

559

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​

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​

​

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​