EchoStar Corporation Announces Expiration of Exchange Offers and Consent Solicitations Relating to Existing Notes
ENGLEWOOD, Colo., Feb. 12, 2024 /PRNewswire/ — EchoStar Corporation (Nasdaq: SATS) (“EchoStar“), a global, fully integrated communication and content delivery leader and provider of technology, spectrum, engineering, manufacturing, networking services, television entertainment and connectivity bolstered by its merger with DISH Network Corporation (“DISH“), today announced the expiration and termination of its previously announced offers to exchange (i) any and all of the 0% Convertible Notes due 2025 (the “DISH Network 2025 Notes“) issued by its subsidiary DISH and (ii) any and all of the 3.375% Convertible Notes due 2026 issued by DISH (the “DISH Network 2026 Notes,” and together with the DISH Network 2025 Notes, the “Existing Notes“), each for 10.00% Senior Secured Notes due 2030 to be issued by EchoStar Corporation (the “EchoStar Notes“) and the concurrent consent solicitations, in each case, pursuant to the terms described in a preliminary prospectus and consent solicitation statement, dated January 12, 2024.