Dish Network Raises $2.3B In Debt Offering For M&A Use

Law360, New York (April 03, 2013, 1:54 PM ET) -- Colorado-based Dish Network Corp. said Wednesday that it has raised roughly $2.3 billion in a massive debt offering, more than double the $1 billion that the satellite television company expected to raise, and will use the proceeds for wireless and spectrum-related transactions.

Dish subsidiary Dish DBS Corp. has priced an offering of $1.2 billion in senior notes that mature in 2018 and an additional $1.1 billion in debt with a 2020 maturation, Dish said. The 2018 notes have an interest rate of 4.25 percent, and the...
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