Market Chatter: Paramount Set to Raise $42.4 Billion From Bond Offerings for Warner Bros. Deal

12:59 PM EDT, 09/30/2026 (MT Newswires) -- Paramount Skydance (PSKY) is set to raise $42.4 billion from investment-grade and high-yield bond offerings to fund its acquisition of Warner Bros. Discovery (WBD), Bloomberg reported Wednesday, citing people familiar with the matter. Paramount launched a $30 billion US dollar investment-grade bond offering in eight parts on Wednesday, the report said, citing the people. The biggest tranche is a $6.5 billion bond maturing in 2031, the people reportedly said. The US media giant is also selling $11.4 billion of US dollar junk bonds in three parts, which includes a $6 billion five-year note, and a $1 billion euro-denominated note due in five years, the report said, citing one of the people. For the high-grade bonds, the yield premium over Treasuries narrowed across all eight tranches, including by about 0.35 percentage point for the longest maturity, due in 2066, to 3.3 percentage points above the benchmark, the report said, citing the people. 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: 10.18, Change: +0.19, Percent Change: +1.90