Dish Network this afternoon completed an offering of senior notes via sole lead Deutsche Bank, according to sources. Terms on the drive-by were inked at the wide end of talk, though after a $500 million upsizing, to $1.5 billion. The company today announced the deal at its typical issuing entity, DISH DBS Corporation, with issuance under Rule 144A. Proceeds will be used for general corporate purposes, which may include spectrum-related strategic transactions, according to a company statement. Terms:
| Issuer | Dish Network / DISH DBS Corp. | |
| Ratings | BB-/Ba2 | |
| Amount | $1.5 billion | |
| Issue | senior notes (144A) | |
| Coupon | 5% | |
| Price | 100 | |
| Yield | 5% | |
| Spread | T+319 | |
| FRN eq. | L+314 | |
| Maturity | 10-year | |
| Call | nc-life | |
| Trade | Dec. 19, 2012 | |
| Settle | n/a | |
| Jt. Books | DB sole | |
| Px talk | 4.875-5% | |
| Notes | upsized by $500 million. |