Paramount Skydance Prices Debt Offering To Fund Warner Bros. Discovery Acquisition
Paramount Skydance priced a large debt package, including secured notes and expanded term loans, to finance its planned acquisition of Warner Bros. Discovery.
Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) drew attention overnight as Paramount Skydance priced a large debt package to help finance its planned acquisition of WBD. The financing includes secured notes and expanded term loans, giving fresh momentum to the companies’ high-profile deal.