What does this mean? Does this mean the Nov due date for debt can not be delayed? Could they sell off spectrum in time to raise capital?
https://news.bloomberglaw.com/bankruptcy-law/echostar-concluded-talks-with-noteholders-without-an-agreement
2 replies (most recent on top)
Nov 1st? I thought the debt was due in the middle of Nov?
Well sadly the speculation has been,there is no extending the note between financiers and institutional regulators.Nov 1st is the catalyst.You get a buy out with Direct or there’s straight up BK no plans to pay it back,finito for Dish as a video provider anyways.IF you believe what’s online anyways🤷♂️