DISH Network Announces Debt Offering
June 08 2016 - 7:50AM
Business Wire
DISH Network Corporation (“DISH Network”) (NASDAQ: DISH) today
announced that its subsidiary, DISH DBS Corporation (“DISH DBS”),
plans to offer, subject to market and other conditions,
approximately $750 million aggregate principal amount of its 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.
The notes will only be offered and sold to qualified
institutional buyers in accordance with Rule 144A under the
Securities Act of 1933, as amended (the “Securities Act”) and in
offshore transactions in accordance with Regulation S under the
Securities Act. The notes being offered have not been and will not
be registered under the Securities Act or the securities laws of
any other jurisdiction. The notes may not be offered or sold in the
United States absent registration or an applicable exemption from
registration requirements. This press release does not constitute
an offer to sell or a solicitation of an offer to buy any of the
notes; nor shall there be any sale of these notes in any state or
jurisdiction in which such an offer, solicitation or sale would be
unlawful.
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 and DISH DBS’ Disclosure
Regarding Forward-Looking Statements included in their recent
filings with the Securities and Exchange Commission, including
their annual reports on Form 10-K and quarterly reports on Form
10-Q. The forward-looking statements speak only as of the date
made, and DISH Network and DISH DBS expressly disclaim any
obligation to update these forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20160608005763/en/
DISHMedia:Bob Toevs,
303-723-2010bob.toevs@dish.com@DISHNewsorInvestor:Jason Kiser,
303-723-2210jason.kiser@dish.com
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