Key Developments For DISH Network Corporation
DISH Network Corporation (DISH.O) (Nasdaq)
DISH Network Corp. Places Offering Of $400 Million In Senior Notes
DISH Network Corp. announced that its subsidiary, DISH DBS Corporation, has priced an offering of $400 million aggregate principal amount of debt securities at an issue price of 101.750%. The debt securities will be issued as additional 7.875% Senior Notes due 2019 under an indenture, dated August 17, 2009, pursuant to which DISH DBS Corporation issued $1 billion aggregate principal amount of such 7.875% senior notes on August 17, 2009. The Senior Notes offered by DISH DBS Corporation in this offering and the Senior Notes previously issued under the indenture will be treated as a single class of debt securities under the indenture. The net proceeds of the offering are intended to be used for general corporate purposes. The offering is expected to close on October 5, 2009.
DISH Network Corp. Announces Debt Offering
DISH Network Corp. announced that its subsidiary, DISH DBS Corporation, plans to offer approximately $300 million aggregate principal amount of debt securities. The net proceeds of the offering are intended to be used for general corporate purposes.
DISH Network Corp.'s DISH Network L.L.C. And Echostar Corporation's EchoStar Technologies L.L.C. Statement Regarding TiVo, Inc.
DISH Network L.L.C., a subsidiary of DISH Network Corp. and EchoStar Technologies L.L.C., a subsidiary of Echostar Corporation issued the following statement regarding recent developments in EchoStar Communications Corporation vs. TiVo, Inc. We are pleased that the district court rejected Tivo's request to award a billion dollars in sanctions and that it found that any violation of the injunction was not willful. While we disagree that any amount of sanctions was warranted, the decision confirms our belief that we designed around Tivo's patent in good faith. We believe that we ultimately will prevail on appeal.
DISH Network Corp. Places Offering of $1 Billion in Senior Notes
DISH Network Corp. announced that its subsidiary, DISH DBS Corporation, has priced an offering of $1 billion aggregate principal amount of debt securities at an issue price of 97.467%. The debt securities will be issued as 7.875% Senior Notes due 2019. The net proceeds of the offering are intended to be used for general corporate purposes. The offering is expected to close on August 17, 2009
DISH Network Corp. Announces Debt Offering
DISH Network Corp. announced that its subsidiary, DISH DBS Corporation, plans to offer approximately $1 billion aggregate principal amount of debt securities. The net proceeds of the offering are intended to be used for general corporate purposes.
