Echostar 3rd Quarter Conference call

I have heard they don't have to pay it back, that was a gamble TPG took.

As I said before if this is true, then it would not surprise me to see DISH ending. up owning DIRECTV.

I learned a long time ago, never count Charlie out.
Unless Charlie spends his own wealth to make that deal, I don't see that happening. But Charlie is only worth about $2.8 billion, so I doubt he wants to take that gamble right now. Always better to use other people's money - in this case TPGs. :biggrin
 

DirecTV agrees to buy Dish for $1, assuming its billions of dollars in debt

The deal still hinges on Dish bondholders agreeing on net debt lower than $1.56 billion, which a DirecTV spokesperson said the company will look to secure in the coming weeks. Bondholders can accept a lower percentage, take a slightly higher percentage today, or wait it out, which risks Dish ending up in bankruptcy. Dish shared an exchange offering in a press release on Monday.

Dish currently has a $2 billion debt maturity coming up on November 23. To secure funding through a shared revenue stream, TPG and DirecTV will provide Dish with a $10 billion loan that will allow the company to pay off its maturity on November 24.
This is the first time I saw anything about $10 billion loan to Charlie. I had read it was $2.5 billion when they first talked about it. Would like to know where that came from?
 
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This is the first time I saw anything about $10 billion loan to Charlie. I had read it was $2.5 billion when they first talked about it. Would like to know where that came from?
From the article I posted from abc7ny.com.

Do you really think AT&T/TPG/DIRECTV would be willing to just give DISH $2.5 billion dollars to make their November payment if the sale doesn't go through? Now one in their right mind would agree to that. As far as the $10 billion dollar loan I am not sure of but I am sure they aren't going to give the money for the November loan payment and lose it if the sale doesn't go through.
 
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What is this strange black box on Dish?