Latest News

EchoStar Communications Corp. [DISH] announced that its subsidiary, EchoStar DBS Corp., has elected to retire all of its outstanding 9 º percent senior notes due 2006, three years early pursuant to its optional early redemption right.

In accordance with the terms of the indenture governing the notes, the $375 million principal amount of the notes will be repurchased effective Feb. 1, 2003, at 104.625 percent, a total of approximately $392 million. Interest will be paid through the Feb. 1, 2003, redemption date. The trustee for the notes is the U.S. Bank Trust National Association.

Get the latest Via Satellite news!

Subscribe Now