- Skydance's 9.125% junk bonds due 2036 dropped about 2.5 cents on the dollar to 91 cents on Tuesday, according to Trace.
- The notes were sold at 100 cents on the dollar on Sept. 30, so they have lost about 9 points since issuance.
- Investors are concerned about the profitability of Skydance after its $110 billion acquisition of Warner Bros. Discovery Inc.