Paramount Skydance launches $7.5 billion loan for $111 billion Warner Bros. merger

Paramount Skydance has launched syndication of a $7.5 billion senior secured term B loan to help fund its $111 billion Warner Bros. Discovery merger and pay down other debt, Variety reported 24 September. The facility, offered in pieces to lenders as long-term debt backed by company assets, sits alongside a planned $44.4 billion in further secured debt, Variety said.