Dish Network raising $750m in new debt
June 9, 2016
By Chris Forrester
Dish Network returned to the debt market on June 8th, saying it would be raising $750 million (€662m) via its Dish DBS Corp subsidiary in the form of new Senior Notes.
“The net proceeds of the offering are intended to be used for strategic transactions, which may include wireless and spectrum-related strategic transactions,” said a Dish statement. Dish, and its founder Charlie Ergen, are involved in the current FCC wireless spectrum auction.