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EchoStar Announces $1.0-B Debt Offering |
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ENGLEWOOD, Colo., Jan. 20, 2006/Satnews Daily/ — EchoStar Communications Corp. (NASDAQ: DISH) announced on Thursday that its subsidiary, EchoStar DBS Corporation, is offering approximately $1.0 billion aggregate principal amount of debt securities in accordance with Securities and Exchange Commission Rule 144A.
The company said the proceeds of the offering are intended to be used to redeem EchoStar DBS's outstanding 9-1/8% Senior Notes due 2009 as well as for general corporate purposes.
Recent Stories: EchoStar Expands Voom HD Channels Echostar Names Chief Technical Officer EchoStar Doubles Net Profit to $209-M; Posts 11.71-M Subscribers |
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