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 September 11, 2026, with settlement expected in Q3 2026. Paramount plans further extensions until after closing its acquisition of WBD. As of August 28, approximately 66.28% and 75.48% of the eligible tendered notes have been submitted for the Tender Offers and Exchange Offers respectively. However, Paramount does not consider these figures indicative of final results due to ongoing extensions. The offers involve various senior debt instruments from DCL Issuer with maturities ranging between 2029 and 2043.
Tickers: $PSKY
Topics: debt notes exchange offers tender offers