Paramount Skydance to Sell $41.4 Billion, 885 Million Euros in Debt Notes, Prices Term Loans

04:17 AM EDT, 10/01/2026 (MT Newswires) -- Paramount Skydance (PSKY) has agreed to sell $41.4 billion and 885 million euros ($1.00 billion) in senior secured notes offerings and $8.5 billion and 850 million euros in term loans facility pricing, the companies said Wednesday. The debt notes include tranches that range from 6.3% to 8.75% first lien notes due from 2028 to 2066, the company said. In addition, the company agreed to sell a number of 8.250% to 9.125% tranches of senior secured second lien notes due between 2031 and 2036, along with a tranche of 885 million euro of 7.0% notes due 2031, the company said. The company has also priced a senior secured incremental tranche of term "B" loans consisting of a $8.5 billion and an 850 million euro-denominated tranche at 99.75% of face value, the company said. The company intends to utilize the net proceeds of the offerings, along with cash on hand, other borrowings, and the net proceeds of previously announced equity financing to Warner Bros. Discovery (WBD), it said.