DISH DBS Corporation Makes Scheduled Interest Payments on Senior Notes

Strategic Insights -

DISH DBS Corporation, a subsidiary of EchoStar Corporation, has made scheduled interest payments on its senior notes due 2026 and 2028. This move comes after the company notified the trustee of the notes that payments would be made on July 30, 2025, within the 30-day grace period to avoid an Event of Default. The payments include interest on the defaulted interest and are being made despite the company's ongoing efforts to resolve concerns raised by the Federal Communications Commission (FCC) in May 2025.

Key Takeaways:

  • DISH DBS Corporation made scheduled interest payments on its 7.75% senior notes due 2026 and 7.375% senior notes due 2028 on July 30, 2025.
  • The payments include interest on the defaulted interest and are being made within the 30-day grace period to avoid an Event of Default.
  • The company has been working cooperatively with the FCC to address concerns raised in May 2025, but no resolution has been achieved yet.
  • DISH DBS Corporation has determined to make good faith payments to cure the non-payment defaults under the indentures.
  • The company continues to explore alternative pathways that could resolve the FCC's stated concerns in a manner acceptable to the company.

Statistics:

  • 7.75% senior notes due 2026: $[amount] with interest paid
  • 7.375% senior notes due 2028: $[amount] with interest paid
  • 30-day grace period expired on July 30, 2025
  • Payments made on July 30, 2025, within the 30-day grace period

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form 8-K filed by ECHOSTAR CORPORATION, dated July 30, 2025.