Market Chatter: Paramount Begins High-Grade Bond Sale for Warner Bros. Acquisition

10:09 AM EDT, 09/29/2026 (MT Newswires) -- Paramount Skydance (PSKY) started its investment-grade bond sale to raise about $32 billion to help fund its acquisition of Warner Bros. Discovery (WBD), Bloomberg reported Tuesday, citing a person familiar with the matter. Paramount is offering first-lien dollar-denominated bonds in eight tranches, with maturities ranging from two to 40 years, the report said. Initial price indications for the longest-dated note are a spread of roughly 3.5 percentage points above Treasuries, the report said. The financing package also includes about $12.4 billion-equivalent of junk bonds in dollars and euros and $7.5 billion-equivalent in loans in both currencies, with the offerings underway, the report said. Paramount didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 10.06, Change: -0.22, Percent Change: -2.14