- Paramount Skydance Corp. kicked off its investment-grade bond sale, offering first-lien US dollar-denominated bonds in eight tranches with maturities ranging from two to 40 years.
- The company is seeking about $32 billion from the sale, the largest portion of a syndicated $52 billion debt package for its acquisition of Warner Bros. Discovery Inc.
- The bond sale would be the fifth-largest US high-grade sale on record.
Quotes
“Paramount Skydance Corp. has kicked off its long-awaited investment-grade bond sale”
“The firm is looking to raise about $32 billion from the sale, which would be the fifth-largest US high-grade sale on record.”