Banks Attract $10 Billion Demand for Paramount Loan Offering
Deals·1 article across 1 outlet
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Banks led by Citigroup Inc. have attracted sufficient demand to syndicate roughly $7.5 billion of loans to help fund Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc.
The loan offering reflects strong interest from investors, indicating confidence in the deal's potential and Paramount's strategic direction.
CitigroupParamountWarner Bros. Discovery
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“Banks led by Citigroup Inc. have attracted sufficient demand to syndicate roughly $7.5 billion of loans to help fund Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc.”
Bloomberg — Banks Draw $10 Billion of Demand for Paramount Loan Offering