- The 5-year notes are convertible at an initial rate of 24.4123 shares of DISH common stock per $1K principal of notes - equivalent to an initial conversion price of $40.96 per share, or a 30% premium to yesterday's close of $31.51.
- Shares are flat in premarket action.
- Press release.
- DISH shares closed yesterday down 11.7% to $31.51 after the capital raise was announced.