Dish Sells $2 Billion of Bonds in First Offering Since 2009
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Dish Network Corp., the second-largest U.S. satellite-television provider, sold $2 billion of 10-year notes in its first bond offering since 2009 after doubling the size of the transaction.
Dish Network planned to sell about $1 billion of the securities, the Englewood, Colorado-based company said today in a statement distributed by PR Newswire. It was the largest junk bond sale since CIT Group Inc. issued $2 billion of debt on March 23, according to data compiled by Bloomberg.