Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. is expected to feature an unusual combination of investment-grade and junk-rated debt, as Wall Street banks turn to as many markets as possible to raise $57.5 billion of debt for the acquisition.
Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. is expected to feature an unusual combination of investment-grade and junk-rated debt, as Wall Street banks turn to as many markets as possible to raise $57.5 billion of debt for the acquisition.
Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026.
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