Paramount Tianwu sold $30 billion in investment-grade bonds, completing the largest portion of the Warner Bros. Exploration financing acquisition. According to a source familiar with the matter, the final pricing spread of the eight bonds issued by the US media giant this time was lower than initially discussed. The yield premium on the longest-maturing bond, which matures in 2066, over US Treasury bonds narrowed by about 0.35 percentage points, to 3.3 percentage points higher than the benchmark. One of the people familiar with the matter revealed that the company is also issuing three parts of US dollar junk bonds totaling 11.4 billion US dollars, the largest of which is a 5-year bond of 6 billion US dollars, in addition to issuing 885 million euro bonds.

Zhitongcaijing · 1d ago
Paramount Tianwu sold $30 billion in investment-grade bonds, completing the largest portion of the Warner Bros. Exploration financing acquisition. According to a source familiar with the matter, the final pricing spread of the eight bonds issued by the US media giant this time was lower than initially discussed. The yield premium on the longest-maturing bond, which matures in 2066, over US Treasury bonds narrowed by about 0.35 percentage points, to 3.3 percentage points higher than the benchmark. One of the people familiar with the matter revealed that the company is also issuing three parts of US dollar junk bonds totaling 11.4 billion US dollars, the largest of which is a 5-year bond of 6 billion US dollars, in addition to issuing 885 million euro bonds.