DISH Network Corporation (NASDAQ: DISH) announced that it priced an offering of $2,000,000,000 aggregate principal amount of its 11.750% Senior Secured Notes due 2027. The Notes will be issued at an issue price will be issued at an issue price of 98.171% of the principal amount. The net proceeds of the offering are intended to be used for general corporate purposes, including the buildout of wireless infrastructure. The Notes will be secured by certain assets of certain DISH Network subsidiaries.
The offering is expected to close on November 15, 2022 subject to customary conditions.
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