Dish raises two billion bucks


Wall Street likes the satellite TV business. Charlie Ergen’s Dish Network had no trouble raising $2 billion with a new offering of 10-year senior notes.

The offering priced at 99.093% of par with a coupon of 6.75%, which is a yield of 6.875%. Proceeds from the sale of $2 billion of Senior Notes due 2021 will be used for general corporate purposes.