Paramount Tianwu is seeking to raise $7.5 billion through term loans to finance its planned acquisition of Warner Bros. Discovery, which also marks the official launch of one of the largest leveraged takeover debt financings in history. The company said in a statement on Thursday that in addition to planned term loans and previously announced financing, the company also plans to raise an additional $44.4 billion in secured debt. Investment-grade bonds and high-yield bonds are also expected to be part of the transaction's financing plan. According to a source familiar with the matter on Wednesday, the bank led by Citigroup will meet with investors at 10:30 a.m. New York time on Thursday about loans.

Zhitongcaijing · 1d ago
Paramount Tianwu is seeking to raise $7.5 billion through term loans to finance its planned acquisition of Warner Bros. Discovery, which also marks the official launch of one of the largest leveraged takeover debt financings in history. The company said in a statement on Thursday that in addition to planned term loans and previously announced financing, the company also plans to raise an additional $44.4 billion in secured debt. Investment-grade bonds and high-yield bonds are also expected to be part of the transaction's financing plan. According to a source familiar with the matter on Wednesday, the bank led by Citigroup will meet with investors at 10:30 a.m. New York time on Thursday about loans.