Reported 6 months ago
Dish Network Corp, with over $20 billion in debt, is having confidential discussions with convertible holders about potential new financing tied to wireless spectrum at an unrestricted subsidiary. The company is seeking solutions as it transitions from pay-TV to wireless services, following the scrapping of a debt swap earlier in February. Negotiations are ongoing, and a final decision has not been reached amidst creditor disputes and lawsuits.
Source: YAHOO