Loan & DebtJun 18, 2026, 05:22 PM
EchoStar Subsidiary DBS Makes Deferred Interest Payments
AI Summary
EchoStar's subsidiary, DISH DBS Corporation (DBS), made scheduled interest payments on its 5.25% secured notes due 2026, 5.75% secured notes due 2028, and 5.125% unsecured notes due 2029. These payments were made on June 18, 2026, within the applicable 30-day grace periods, thereby preventing an Event of Default. The company had initially deferred these payments pending the receipt of $20.25 billion from the AT&T Transactions, which have received regulatory approvals but are still subject to certain closing conditions.
Key Highlights
- EchoStar's subsidiary, DISH DBS Corporation (DBS), made scheduled interest payments on its 2026, 2028, and 2029 notes.
- Payments were made on June 18, 2026, within the 30-day grace period.
- This action prevents an Event of Default on the DBS Notes.
- Interest payments were initially deferred pending $20.25 billion from AT&T Transactions.
- AT&T Transactions received regulatory approvals from FCC and DOJ.
- FCC approval is subject to the order becoming final, with no review applications filed.
- Consummation of AT&T Transactions remains subject to other closing conditions.
Price Impact
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