The company said it completed its exchange offers for the November 12, 2024 DISH Network 2025 Notes and 2026 Notes, with $4,682,384,000 of existing notes validly tendered, representing participation rates of 92.93% and 98.45%, respectively.

1. 01

   The company said it completed its exchange offers for the November 12, 2024 DISH Network 2025 Notes and 2026 Notes, with $4,682,384,000 of existing notes validly tendered, representing participation rates of 92.93% and 98.45%, respectively.

2. 02

   EchoStar said it issued 6.75% Senior Spectrum Secured Exchange Notes totaling $2,287,738,216 and 3.875% Convertible Senior Secured Notes totaling $1,876,229,456 on the Settlement Date. It said DISH Network 2025 Notes of $138,403,000 and 2026 Notes of $45,209,000 remain outstanding.

3. 03

   The company said it issued 10.750% Senior Spectrum Secured Notes due 2029 totaling $5,355,999,854 alongside the exchange notes, and also issued additional EchoStar Convertible Notes of $29,999,993. The new notes pay interest in cash at a rate of 10.750% per year.

4. 04

   The company said it issued 14,265,334 shares of Class A common stock to PIPE investors on November 12, 2024 at $28.04 per share, receiving about $400 million. The initial conversion rate for the EchoStar Convertible Notes is 29.73507 shares per $1,000 of principal (about $33.63 per share).

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.