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Published on 7/19/2016 in the Prospect News High Yield Daily.

Hughes Satellite Systems announces $1 billion secured notes offer

By Paul A. Harris

Portland, Ore., July 19 – EchoStar Corp., a subsidiary of Hughes Satellite Systems Corp., announced in a Tuesday press release that it plans to offer $1 billion of senior secured notes via Rule 144A and Regulation S.

The Englewood, Colo.-based provider of satellite and video delivery solutions plans to use the proceeds for capital expenditures, working capital and general corporate purposes.


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