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

Paramount Skydance is launching a syndication to raise $7.5 billion via a proposed senior secured incremental tranche of term B loans. Led by David Ellison, the company intends to utilize these funds to support its $111 billion Warner Bros. Discovery merger and to pay down specific existing debt. This strategic debt raise is a critical step in financing the massive consolidation between the two entertainment giants as Paramount manages its overall financial obligations and merger costs.