DISH Network Corp. (DISH) today announced that its subsidiary, DISH DBS Corp., has priced an offering of $400 million of debt securities at an issue price of 101.750%. The company expects to close the offering on October 5, 2009.
The company intends to use offering net proceeds for general corporate purposes.
The company said that the debt securities will be issued as additional 7.875% Senior Notes due 2019 under an indenture, pursuant to which DISH DBS issued $1 billion of such 7.875% senior notes on August 17, 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.