News

EchoStar Plans $2.5 Debt Offering

9/19/2003 11:43 AM Eastern

EchoStar Communications Corp. said Friday that its EchoStar DBS Corp.
subsidiary has priced an offering for about $2.5 billion in debt.

The debt will be issued in three series: $500 million in five-year senior
notes, $1 billion in 5.75% five-year senior notes and $1 billion in 6.375%
eight-year senior notes.

The proceeds are earmarked to repurchase or redeem all or a portion of
EchoStar DBS Corp.’s 9.375% senior notes due 2009, other outstanding debt
securities and for general corporate purposes.

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The Times Center, New York, NY