Dish Closes $3B Notes Offering
By Mike Farrell published

Dish Network said it has closed a $3 billion offering of convertible notes, proceeds of which could be used to purchase wireless spectrum.
Dish had previously announced the offering of 3.375% convertible notes due in 2026 at about $2 billion with the initial purchaser of the notes granted an option to purchase an additional $400 million in notes. That was later increased to $2.5 billion in notes with an option to purchase an additional $500 million.
Related: Dish Loses 281K Net Subs in Q2
The net proceeds of $2.723 billion – before offering expenses – are “intended to be used for strategic transactions, which may include wireless and spectrum related strategic transactions” and for general corporate purposes,” Dish said in a statement.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.