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Entertainment

Paramount to Raise $7.5 Billion More in Debt to Fund Warner Bros. Deal

Variety ·
Paramount to Raise $7.5 Billion More in Debt to Fund Warner Bros. Deal

Paramount Skydance said Thursday it is launching a syndication to raise $7.5 billion through a proposed senior secured incremental tranche of term “B” loans.

The David Ellison-led company it will use the funds toward its $111 billion Warner Bros.

Discovery merger, and to pay down certain other debt.

In total, Paramount said it now intends […]

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