Cahill Advises on DISH Network’s $5 Billion Convertible Note Exchange Offers

November 14, 2024

Cahill advised the dealer manager and solicitation agent on exchange offers related to EchoStar’s balance sheet optimization efforts resulting from the DISH Network & EchoStar merger.

The transaction included the successful exchange offers of approximately $5 billion of DISH Network convertible notes, which resulted in EchoStar’s issuance of approximately $2.3 billion Senior Spectrum Secured Exchange Notes and approximately $1.9 billion of Convertible Senior Spectrum Secured Notes.