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Paramount’s $52 Billion Debt Saga Ends With Hair-Raising Finale

Source: Bloomberg

M&A & RestructuringMedia & EntertainmentCredit & Bond Markets

David Ellison's Paramount Skydance is pursuing debt financing for its proposed takeover of Warner Bros. Discovery, but the months-long funding search has culminated in reported losses and investor backlash. The financing turbulence raises execution risk for a major media-sector transaction and could affect the companies' debt and equity valuations.

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