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

By Todd Spangler

Todd Spangler

NY Digital Editor

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• Paramount to Raise $7.5 Billion More in Debt to Fund Warner Bros. Deal 39 minutes ago
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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 to raise approximately $44.4 billion of additional secured debt, in addition to previously announced financings (subject to market and other conditions).

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