Paramount Skydance secures consents for WBD note exchange, tender offers ahead of acquisition

Paramount Skydance
Warner Bros Discovery

Paramount Skydance

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Warner Bros Discovery

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  • Paramount Skydance launched cash tender offers and exchange offers for certain Warner Bros. Discovery senior unsecured notes tied to its proposed acquisition of WBD.
  • Warner Bros. secured requisite consents for indenture amendments on May 26; changes become operative around May 29 on the expected payment date.
  • Consents made about $12.1 billion and EUR 0.6 billion of notes eligible for exchange offers; about $2.4 billion eligible for tender offers.
  • Exchange and tender offers set to expire June 17; settlement conditioned on the acquisition 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: 202605270915PR_NEWS_USPR_____NY68947) on May 27, 2026, and is solely responsible for the information contained therein.