MERIDIAN (dpa-AFX) - DISH Network Corp. (DISH) said its subsidiary, DISH DBS Corp., has priced an offering of $900 million aggregate principal amount of 5-year debt securities at an issue price of 100% and $1 billion aggregate principal amount of 10-year debt securities at an issue price of 100%.
The debt securities will be issued as 4.625% Senior Notes due 2017 and 5.875% Senior Notes due 2022. The net proceeds of the offering are intended to be used for general corporate purposes.
The offering is expected to close on May 16, 2012.
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