- Bankers are reaching out to investors ahead of a $49 billion debt sale financing Paramount Skydance's takeover of Warner Bros. Discovery, after the company settled lawsuits that had blocked the $110 billion acquisition.
- The Hollywood studio will emerge from the Warner Bros. Discovery acquisition with net debt of about $80 billion, making the bond market the next test after winning over US states.
Quotes
“Bankers are reaching out to investors ahead of the sale of $49 billion in financing backing Paramount Skydance Corp.'s takeover of Warner Bros. Discovery Inc., after the company settled a series of lawsuits that had held up the $110 billion acquisition.”
“The Hollywood studio will emerge from the WBD acquisition with net debt of about $80bn”