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EchoStar Notes Redemption Completed

By Multi Channel News Staff -- Multichannel News, 10/1/2004 12:25:00 PM

EchoStar Communications Corp. said that as of Friday, its EchoStar DBS Corp. subsidiary completed its previously announced redemption of all of its outstanding 10.375% senior notes due 2007.

The company added that the outstanding principal amount of $1 billion was repurchased three years early at 105.188%, for a total of approximately $1.052 billion.

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