Deal is dead... ?

[EatMyVolts]

Charlie is going to a gambling casino with TPG $2.5 billion and he will risk it all on the craps table . Then he will double his money and come out ahead.

Give him the hard ways, 2.5 billion across. 💔

 

[b4pjoe]

Again, if true, a astounding bad decision on TPG part, that is why it is so hard to believe.

EchoStar Secures Massive $5.2B Funding, Restructures $5B Debt for 5G Network Expansion | SATS Stock News

EchoStar strengthens financial position with $5.2B secured notes and 96% noteholder support in debt exchange. Strategic moves extend maturities and boost 5G network development.

www.stocktitan.net

Furthermore, EchoStar today announced the deployment of the previously funded capital provided from the secured financing facility from TPG Angelo Gordon and certain co-investors to satisfy in full the approximately $2 billion November 2024 maturity of its subsidiary, DISH DBS Corporation ("DDBS"). The repayment in full of the November 2024 DDBS maturity similarly enhances DDBS's debt maturity profile, leaving DDBS with zero long-term debt maturities due until July 2026.

Notice the words "repayment"...followed by "in full of the November 2024 DDBS maturity similarly enhances DDBS's debt maturity profile, leaving DDBS with zero long-term debt maturities due until July 2026".