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DISH Network Prices $1.5 Billion Senior Notes Offering

05/11/2021 05:36

09:30 AM EDT, 05/11/2021 (MT Newswires) -- DISH Network's (DISH) subsidiary DISH DBS Corporation has priced an offering of $1.5 billion of 5.125% senior notes due 2029.

The company said it will use the net proceeds of the offering, expected to close May 24, for general corporate purposes, including refinancing of indebtedness.

Shares of DISH Network are down nearly 2% in premarket trading.

Price: 45.31, Change: -1.15, Percent Change: -2.48