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Fitch: DISH DBS notes BB-
Fitch Ratings said that DISH DBS Corp.'s $1 billion offering of senior notes will have the same BB- rating as the company's 5.875% senior notes due 2022 issued in May.
Proceeds from the offering are expected to be used for general corporate purposes, the agency said.
The outlook is negative.
The agency noted that the negative outlook encompasses the capital and execution risks associated with DISH's wireless strategy.
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