DISH Network Announces Closing of $1 Billion Placement of 2.375% Convertible Notes due 2024
March 20 2017 - 6:05AM
Business Wire
DISH Network Corporation (“DISH Network”) (NASDAQ: DISH) today
announced that, on March 17, 2017, it had closed its previously
announced private placement of $1 billion aggregate principal
amount of 2.375% Convertible Notes due 2024. The net proceeds from
the placement are intended to be used for strategic transactions,
which may include wireless and spectrum-related strategic
transactions, and for other general corporate purposes.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Except for historical information contained herein, the matters
set forth in this press release are forward-looking statements. The
forward-looking statements set forth above involve a number of
risks and uncertainties that could cause actual results to differ
materially from any such statement, including the risks and
uncertainties discussed in DISH Network’s Disclosure Regarding
Forward-Looking Statements included in its recent filings with the
Securities and Exchange Commission, including its annual report on
Form 10-K. The forward-looking statements speak only as of the date
made, and DISH Network expressly disclaims any obligation to update
these forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20170320005272/en/
DISH Network CorporationMedia:Bob Toevs,
303-723-2010bob.toevs@dish.com@DISHNewsorInvestors:Jason Kiser,
303-723-2210jason.kiser@dish.com
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