Skydance Corporation Announces Final Results and Settlement Details for Exchange and Tender Offers
Skydance Corporation (NYSE: SKYD), formerly known as Paramount Skydance Corporation, has announced the final results of its exchange offers and tender offers related to notes issued by Warner Bros. Discovery entities in connection with its acquisition of WBD, which was completed on October 6, 2026. Approximately 98.83% of eligible Existing Tender Offer Notes were validly tendered as of the Expiration Date. The company will settle these offers on October 9, 2026, subject to conditions being satisfied or waived. Holders who participated in the Tender Offers are set to receive cash consideration based on fixed spreads over reference yields determined by dealer managers. The Exchange Offers and Tender Offers were part of a broader restructuring effort following Skydance's acquisition of WBD. The settlement will involve replacing existing notes with newly issued SKYD Notes, reflecting an ongoing integration process.
Tickers: $WBD
Topics: debt restructuring M&A stock tender offers