Paramount says Warner Bros. Discovery bondholders back consent solicitations tied to takeover bid
Paramount Skydance
Warner Bros Discovery
Paramount Skydance PSKY | 0.00 | |
Warner Bros Discovery WBD | 0.00 |
- Paramount Skydance’s proposed acquisition of Warner Bros. Discovery moved forward as WBD secured the required bondholder consents to amend three indentures.
- Supplemental indentures were executed May 26; the amendments are expected to become operative around May 29, tied to the consent payment date.
- Consents made about USD 12.1 billion and EUR 600 million of senior unsecured notes eligible for Paramount’s exchange offers.
- About USD 2.4 billion of senior unsecured notes became eligible for Paramount’s cash tender offers; the offers are set to expire June 17.
- Settlement of the exchange and tender offers is conditioned on the closing of the acquisition; Paramount anticipates extending the expiration to closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY68947) on May 27, 2026, and is solely responsible for the information contained therein.
