On the heels of better than expected sub growth in quarter 2, Dish Network has filed for a one billion dollar debt offering, Multichannel News reports.
The proceeds will be used for general corporate purposes, Multichannel says.
The offer will be a private placement.
While Q2’s sub numbers were good, "revenue for the company was down 0.4% to $2.9 billion and operating income plunged 57% to $262.8 milion in the period," according to Multichannel.
–Chuck Ross
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