Paramount markets $44.4 billion debt offering to fund WBD acquisition

Paramount began marketing a $44.4 billion debt offering to fund its Warner Bros. Discovery acquisition, Deadline reported on Sept. 28, citing an SEC filing. The offering includes about $32 billion in investment-grade debt and $12.4 billion in high-yield bonds. Proceeds, plus cash, term loans and equity, will fund the purchase. The filing said closing date is uncertain.