Latest news with #interestpayment
Bloomberg
3 days ago
- Business
- Bloomberg
Musk Looms Over Latest Ergen Fight Threatening EchoStar Debt
Save Welcome to The Brink. I'm Eliza Ronalds-Hannon, a senior reporter in Atlanta, covering EchoStar's missed interest payment after the Federal Communications Commission started a review. We also have updates on Wellness Pet and auto sector distress. Follow this link to subscribe. Send us feedback and tips at debtnews@ Creditors to EchoStar and its pay-TV unit Dish Network huddled over the past eight days as they came to terms with the latest curveball thrown by Charlie Ergen.
Wall Street Journal
02-06-2025
- Business
- Wall Street Journal
EchoStar Misses Second Interest Payment Amid FCC Review
EchoStar is skipping another interest payment as it awaits the conclusion of a review by the Federal Communications Commission. The Englewood, Colo., owner of Dish TV and Boost Mobile said Monday it wouldn't make a $183 million cash interest payment due that day related to its Dish DBS company. The missed payment comes after the company said Friday it elected not to make a $326 million interest payment related to its spectrum business.
Yahoo
16-05-2025
- Business
- Yahoo
AKROPOLIS GROUP, UAB ANNOUNCES REDEMPTION OF NOTES
This announcement relates to the disclosure of information in relation to the Notes that qualifies or may have qualified as inside information withing the meaning of article 7(1) of the Market Abuse Regulation (EU) 596/2014 ("MAR"). For the purpose of MAR and article 2 of the Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Gabrielė Sapon, CEO of the Issuer. AKROPOLIS GROUP, UAB (the "Issuer") hereby notifies the holders of the EUR 300,000,000 2.875 per cent. Guaranteed Notes due 2026 (the "Notes") that it will redeem all of the Notes presently outstanding on 2 June 2025 (the "Redemption Date") at their Make Whole Redemption Price, equal to EUR 1,005.22 per EUR 1,000 in the principal amount of the Notes, in accordance with Condition 6(c) of the Notes. As the Redemption Date is also the Interest Payment Date for the Notes, holders will also receive the regular scheduled coupon equal to EUR 28.75 per EUR 1,000 in principal further information please contact: The Issuer Investor Relations AKROPOLIS GROUP, UAB IR@ Paying Agent The Bank of New York Mellon, London Branch 160 Queen Victoria Street London EC4V 4LA United Kingdom corpsov2@ FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OR TO ANY U.S. PERSON, OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS in to access your portfolio
