Paramount launches 7.5B debt raise for Warner deal
Paramount has launched a syndication for a 7.5 billion dollar senior secured term loan to help fund its acquisition of Warner Bros Discovery. The company plans to raise additional secured debt and use cash on hand to complete the massive purchase.
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Paramount Skydance Cl B has launched a syndication for a $7.5B senior secured term loan to fund its acquisition of Warner Bros Discovery Inc on Thursday afternoon. The financing package supports the $110B merger, which follows settled litigation with the Writers Guild of America and a group of United States states. The debt raise clears final domestic hurdles for a transaction that will reshape Hollywood.
