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Stock impact report

Dish Network Fields Financing Offers From Private Credit Firms [BNN Bloomberg (Canada)]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: BNN Bloomberg
offers from private credit firms, according to people with knowledge of the matter. Dish has fielded at least one proposal of more than $1 billion for financing that would be linked to a so-called unrestricted subsidiary, or a unit that's free to incur debt, said the people, who requested anonymity to discuss confidential talks. Among options on the table would be debt that is collateralized by Dish's wireless spectrum, one of the people said. A spokesman for Dish, co-founded by billionaire Charlie Ergen, declined to comment. “We are in active discussions with numerous parties to secure committed financing to meet our future obligations and have received significant inbound interest from reputable counterparties looking to provide such financing in various forms and at various positions in our capital structure,” Dish Chief Financial Officer Paul Orban said on the company's March 1 earnings call. “All of which we are carefully evaluating.” Read More: Dish Keeps Losing Customer Show less Read more
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