Paramount and Warner Bros. Discovery Prepare Massive Debt Sale for $110 Billion Takeover
Paramount Skydance Corp. is preparing a massive $50 billion debt sale as part of its $110 billion bid to acquire Warner Bros. Discovery Inc. The companies have leveraged strong demand for junk-rated loans, with the transaction becoming the largest term loan B ever recorded.
Tickers: $WBD
Topics: corporate finance credit ratings debt issuance leveraged buyout