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Sky Supports British Cycling, XM Money Move
British Cycling secured a major investment from British Sky Broadcasting, which has become a principal partner in the organization for the next five years. The multi-million pound partnership will provide increased support for cycling in the run–up to the London 2012 Olympics, Sky said.
XM Satellite Radio priced an offering of $778.5 million of new senior notes. The notes will bear interest at an annual rate of 13 percent. The company said it will receive gross proceeds of about $700 million from the sale
British Cycling secured a major investment from British Sky Broadcasting, which has become a principal partner in the organization for the next five years. The multi-million pound partnership will provide increased support for cycling in the run–up to the London 2012 Olympics, Sky said.
XM Satellite Radio priced an offering of $778.5 million of new senior notes. The notes will bear interest at an annual rate of 13 percent. The company said it will receive gross proceeds of about $700 million from the sale
