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Dish to redeem $2.6 bn debt sold in May as Sprint Bid fails
MUMBAI: Dish Network Corp (DISH), the satellite-TV company that abandoned its bid for Sprint Nextel Corp, will redeem $2.6 billion of bonds it issued last month to help fund the planned acquisition.
The company will redeem on 24 June its $1.25 billion of five per cent bonds due May 2017 at 100 cents on the dollar and its $1.35 billion of 6.25 per cent notes due May 2023 at 101 cents on the dollar, plus accrued and unpaid interest, the Englewood, Colorado-based company said today in a regulatory filing.
The company was required to redeem the securities if it failed in its bid for Sprint, based on terms of the bond sale completed on 15 May. Investors negotiated during the marketing period to increase the redemption price on the 10-year bonds to 101 cents from par during the first six months.
The 2017 bonds were quoted as high as 100.5 cents on the dollar to yield 4.87 percent on May 28 before falling to 100 cents, yielding 5 percent, yesterday, according to prices compiled by Bloomberg.
The 2023 securities were quoted as a low as 99.2 cents to yield 6.36 percent on June 6 before rising to a high of 100.8 cents, yielding 6.14 per cent, on June 19, Bloomberg prices show. They were quoted at 100.5 cents to yield 6.18 per cent yesterday.
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With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform
Platform says majority of new members now identify as single
INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.
The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.
The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.
“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.
The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.
Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.
The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.
Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.
