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BUSINESSBloomberg Markets·8h ago

Paramount Wraps Up $52 Billion Debt Sale to Fund Warner Buyout

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AI TLDR · GEMINI

Paramount Skydance Corp. reduced pricing on a $30 billion bond sale as banks finalize financing for the acquisition of Warner Bros. Discovery Inc.

Banks wrapped up the syndication of roughly $52 billion of debt to fund Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc., locking in long-term financing at a hefty cost for the US media giant.

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