May 27, 2026
Warner Bros. Discovery May 27 has reportedly priced $15 billion worth of investment-grade loans on to replace an existing $15 billion short-term bridge facility ahead of the pending $111 billion acquisition by Paramount Skydance.
The movie aims to eliminate more volatile short-term liabilities, while capitalizing on strong institutional investor, surging credit demand and locking in more appealing structured terms.
WBD carried a debt load of $33.4 billion through the first 90 days of 2026 — an amount that reduces to $30.1 billion when factoring in the company’s $3.1 billion in cash on hand.
In addition to the loan, Bank of America and Citigroup are reportedly…