Musk Looms Over Latest Ergen Fight Threatening EchoStar Debt
EchoStar has skipped interest payments and may consider filing for Chapter 11, but investors aren’t panicking
A SpaceX launch carrying satellite for EchoStar and SES.
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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@bloomberg.net.
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.