August 27, 2014 7:34 PM ET

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Company Overview of DISH DBS Corporation.

Company Overview

DISH DBS Corporation operates the DISH direct broadcast satellite (DBS) pay-TV service in the United States. Its DISH pay-TV service consists of the company’s licensed Federal Communications Commission authorized DBS and fixed satellite service spectrum, as well as its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber network, and in-home service and call center operations. The company was founded in 1996 and is headquartered in Englewood, Colorado. DISH DBS Corporation is a subsidiary of DISH Network Corporation.

9601 South Meridian Boulevard

Englewood, CO 80112

United States

Founded in 1996

Phone:

303-723-1000

Key Executives for DISH DBS Corporation.

Chief Executive Officer and President
Age: 64
Chief Financial Officer
Age: 54
Chief Operating Officer and Executive Vice President
Age: 50
Chief Information Officer and Senior Vice President
Executive Vice President
Age: 46
Compensation as of Fiscal Year 2014.

DISH DBS Corporation. Key Developments

DISH DBS Corporation Places Offering of $2.6 Billion in Senior Notes

DISH Network Corporation announced that DISH DBS Corporation, has priced an offering of $1.25 billion aggregate principal amount of 5% Senior Notes due 2017 and $1.35 billion aggregate principal amount of 6.25% Senior Notes due 2023. The 2017 Notes will be issued at an issue price of 100% and the 2023 Notes will be issued at an issue price of 100%. The net proceeds of the offering will be placed into escrow. The net proceeds from the sale of the Notes in this offering will be released from escrow to make a cash distribution to DISH Network to finance a portion of the cash consideration for DISH Network's proposed merger with Sprint Nextel Corporation. If at any time on or prior to the escrow end date DISH Network does not acquire or merge with Sprint or DISH Network abandons its efforts to acquire Sprint, DISH DBS will be required to redeem all of the Notes. The offering is expected to close on May 28, 2013, subject to customary conditions. The Notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended and in offshore transactions in accordance with Regulation S under the Securities Act. The Notes being offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. The Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes; nor shall there be any sale of these Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

DISH DBS Corporation. Plans to Offer $2.5 Billion Aggregate Principal Amount of its Senior Notes

DISH Network Corporation announced that its subsidiary, DISH DBS Corporation plans to offer, subject to market and other conditions, approximately $2.5 billion aggregate principal amount of its senior notes. The net proceeds of the offering will be placed into escrow. The net proceeds from the sale of the notes in this offering will be released from escrow to make a cash distribution to DISH Network to finance a portion of the cash consideration for DISH Network's proposed merger with Sprint Nextel Corporation ("Sprint"). If the proposed merger with Sprint does not occur on or prior to the escrow end date, or if DISH DBS elects at any time on or prior to the escrow end date, DISH DBS will redeem all of the notes. The notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and in offshore transactions in accordance with Regulation S under the Securities Act. The notes being offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

DISH DBS Corporation. Enters into an Agreement with Wells Fargo Bank Relating to the Issuance of $1.1 Billion Aggregate Principal Amount of its 5.125% Senior Notes Due 2020

On April 5, 2013, DISH DBS Corporation entered into an indenture, among the Company, the guarantors named on the signature page thereto and Wells Fargo Bank, National Association, relating to the company’s issuance of $1.1 billion aggregate principal amount of its 5.125% Senior Notes due 2020 at an issue price of 100%. On the same date, the company also entered into an indenture, among the Company, the Guarantors and the Trustee, relating to the company’s issuance of $1.2 billion aggregate principal amount of its 4.250% Senior Notes due 2018 at an issue price of 100%. The Notes were sold in a private placement to (1) 'qualified institutional buyers” in reliance on Rule 144A under the Securities Act of 1933, as amended and (2) outside the United States to persons who are not 'U.S. persons' in compliance with Regulation S under the Securities Act. The 2020 Notes bear interest at a rate of 5.125% per annum and mature on May 1, 2020. The 2018 Notes bear interest at a rate of 4.250% per annum and mature on April 1, 2018. Interest on the 2020 Notes will be payable semi-annually on May 1 and November 1 of each year, commencing on November 1, 2013, to the holders of record of such 2020 Notes at the close of business on April 15 or October 15, respectively, preceding such interest payment date. Interest on the 2018 Notes will be payable semi-annually on April 1 and October 1 of each year, commencing on October 1, 2013, to the holders of record of such 2018 Notes at the close of business on March 15 or September 15, respectively, preceding such interest payment date.

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