Paramount Skydance plans USD 44.4 billion senior secured notes offering
PSKY•Paramount Skydance launched an offering of about USD 44.4 billion in senior secured first lien notes, alongside second lien notes denominated in U.S. dollars and euros. Proceeds are earmarked to help fund its acquisition of Warner Bros. Discovery and repay certain existing debt.
1. Debt offering details
Paramount Skydance launched an offering of about USD 44.4 billion in senior secured first lien notes. The offering also includes senior secured second lien notes denominated in U.S. dollars and euros, with proceeds earmarked to help fund the Warner Bros. Discovery acquisition and repay certain existing debt. The notes will be sold to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S.
