Dish Bonds Biggest Gainers in Junk Trading After Exchange Update

Oct. 29, 2024, 1:39 PM UTC

Dish bonds are the biggest gainers in the US high yield market on Tuesday after parent company EchoStar boosted some of the terms of its debt exchange offer.

  • Co.’s 7.375% senior unsecured notes due 2028 are up about 2.9 cents on the dollar to 73.3 cents as of 08:58 a.m. New York Time
    • Its 5.125% senior unsecured bonds maturing in 2029 are up about 2.3 cents to 67.3

Read more: Dish Trims Proposed Bondholder Losses to $1.5b in New Offer

To contact the reporter on this story:
Caleb Mutua in New York at dmutua@bloomberg.net

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