Paramount Secures Debt for 111 Billion Warner Bros Deal

Paramount secured 49 billion dollars in debt from 18 banks for its Warner Bros deal. The acquisition is expected to close in the third quarter of 2026.

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PARAMOUNT SKYDANCE CL B has successfully syndicated its bridge loan facility and secured permanent financing from a group of 18 banks for its planned $111 billion acquisition of DISCOVERY LTD. This move marks a significant step forward for the media giant in the United States as it moves toward finalizing one of the largest corporate consolidations in recent years.

The Paramount signage is displayed at the company's corporate offices located at 1515 Broadway in New York City, U.S., captured in February 2026. REUTERS/Jeenah Moon
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