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Form 8-K · Current Report · Filed 2024-01-16

EchoStar Initiates Exchange Offers for DISH and DBS Notes

EchoStar Corporation announced the commencement of exchange offers and consent solicitations for convertible and senior notes issued by its subsidiaries, DISH Network Corporation and DISH DBS Issuer LLC, aiming to reduce indebtedness and extend debt maturity profiles.

Filer
EchoStar Corporation SATS · NASDAQ
Filed
Accession
0001104659-24-003878
CIK
0001415404
Signal
Low impactTechnology

Items reported

Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$16.06

Next session

+9.0%

Since filing

+532.0%

Latest close

$101.50

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SATS reporting the same item, with the next session's move:

Exhibits (2)

About EchoStar Corporation

EchoStar Corporation is a prominent company specializing in satellite communication solutions. Its primary function is to provide satellite broadband services, video delivery, and enterprise connectivity to various markets worldwide. With a deep focus on satellite technology, EchoStar plays a critical role in the telecommunications industry by enabling secure, high-speed internet access in remote and underserved areas, thus bridging digital divides. The company also serves a significant role in supporting governmental and defense sectors by supplying reliable communications platforms. EchoStar's contributions extend to media companies, ensuring the efficient delivery of high-quality broadcast services through its expansive network of geostationary satellites. Founded in 1980 and headquartered in Englewood, Colorado, EchoStar Corporation is a vital player in enhancing global communication infrastructure through its commitment to technology advancement and innovation.

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