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EchoStar issued cash tender offer to refinance $1.4 billion in debt at lower rates

Television Digest with Consumer Electronics, Dec 28, 1998

EchoStar issued cash tender offer to refinance $1.4 billion in debt at lower rates, it said. Offer applies to $375 million 12-1/2% senior secured notes due 2002 issued by EchoStar DBS Corp.; $592.8 million 12-7/8% notes issued by Dish Ltd.; $498.1 million 13-1/8% senior secured discount notes issued by EchoStar Satellite Bcstg. Corp. Tender offer expires at midnight (EST) Jan. 22.

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