Paramount Extends Expiration Dates for Debt Tender and Exchange Offers
Paramount Skydance Corporation (NASDAQ: PSKY) has extended the expiration dates of its tender offers and exchange offers related to debt issued by Warner Bros. Discovery, Inc. The new deadline is August 7, 2026 at 5:00 p.m., New York City time. This extension aligns with Paramount's ongoing acquisition process for WBD. As of July 23, approximately 66.17% and 76.38% of the eligible tendered notes have been submitted in each category respectively; however, Paramount does not consider these figures indicative of final results due to expected further extensions tied to the acquisition closing date. The settlement dates are anticipated during Q3 2026. The offers include various senior notes with maturities ranging from 2028 through 2047 issued by Discovery Communications, LLC and its subsidiaries.
Tickers: $PSKY
Topics: debt notes exchange offers tender offers