Dish Network To Offer $300M In Debt Securities

Law360, New York (September 24, 2009, 12:05 PM EDT) -- Dish Network Corp. has announced plans to offer $300 million in new debt securities, on the heels of a judge's decision to slam the satellite television provider with $200 million in contempt sanctions for violating a court-mandated injunction in a patent infringement dispute with TiVo Inc.

The net proceeds of the offering by Dish subsidiary Dish DBS Corp. are intended to be used for general corporate purposes, Dish said in a statement Thursday.

The notes will only be offered and sold to qualified institutional buyers in...
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