PDA

View Full Version : EchoStar Announces Early Redemption Of 9 1/4% Senior Notes


Scott Greczkowski
12-31-02, 05:46 AM
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=dish&script=410&layout=-6&item_id=366769

jquaglino
12-31-02, 08:27 AM
Sounds like Echostar is exercising some sound business principles. They are sitting on a bunch of cash after the failed merger and have decided to retire some high cost debt.

Richard King
12-31-02, 01:26 PM
Excellent move, except for any blue hairs out there who recently bought the bonds with the intention of holding until 2006 and living off the interest. :D

Mike123abc
01-02-03, 06:59 PM
Wish they would throw a few of those merger bucks to new satellites.