EchoStar announced it planned to redeem $245 million of its 9-1/8...
EchoStar announced it planned to redeem $245 million of its 9-1/8% senior notes due 2009. The redemption, which will reduce EchoStar DBS’s interest expense, will be effective Sept. 3 for a total of $267 million. Following the redemption, $455…
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million of the principle amount will remain, the company said.