Fitch rates DISH DBS notes BB-

Fitch Ratings said it assigned a BB- rating to DISH DBS Corp.'s proposed $1 billion offering of senior secured notes.

DISH DBS is a wholly owned subsidiary of DISH Network Corp.

Proceeds from the offering are expected to be used for general corporate purposes including spectrum-related transactions, which will support the company's unspecified wireless strategy.

The outlook for all of DISH's ratings remains negative. DISH had roughly $11.9 billion of debt outstanding as of Dec. 31.

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