The transaction is sourced from an 8-K filing with the SEC, filed via SEC EDGAR and published on September 30, 2024. The deal's current status is pending regulatory approval.
On the financial advisory side, two firms are identified, both representing creditor groups: Centerview Partners served as exclusive financial advisor to the ad hoc group of holders of 2025 DISH Convertible Notes, in a lead capacity, and Perella Weinberg Partners served as exclusive financial advisor to the ad hoc group of holders of 2026 DISH Convertible Notes, also in a lead capacity. No financial advisor is identified for EchoStar, the issuer, in the facts provided.
On the legal side, Akin Gump Strauss Hauer & Feld LLP served as exclusive legal counsel to the ad hoc group of holders of 2026 DISH Convertible Notes, categorized here under the target designation in the facts block. Paul, Weiss, Rifkind, Wharton & Garrison LLP is referenced in the source sentence as exclusive legal advisor to the ad hoc group of holders of 2025 DISH Convertible Notes, though it is named within the Centerview Partners sentence rather than as a separately structured legal advisor entry.
Beyond the convertible notes exchange and balance sheet restructuring, with a disclosed value of $5,100,000,000, split across the 2025 and 2026 DISH Convertible Notes noteholder groups, no further detail on the specific exchange terms or new instrument structure is provided in the facts block.
Several items are not disclosed in the available record. No financial advisor is identified for EchoStar (the issuer) itself, and Paul, Weiss, Rifkind, Wharton & Garrison LLP's role as legal advisor to the 2025 noteholder group is referenced in source language but not broken out as a separate structured legal advisor entry. No expected closing date or further timeline detail beyond the September 2024 filing date and pending-regulatory status is given.